Sunday, 15 June 2025
5 days ago
DITO cuts P40-B external fundraising goal, turns to shareholder support to fix capital gap
By: Miguel R. Camus
DITO CME Holdings, the listed parent firm of telco challenger DITO Telecommunity, is recalibrating its capital recovery plan by slashing its target to raise about P40 billion from private share sales.
16 May 2025
10:20AM
Telco challenger DITO CME doubles losses to P41B in 2024; posts first positive EBITDA
DITO CME Holdings Inc. posted a net loss of P41 billion in 2024, more than double the ₱19.6 billion loss recorded in 2023, as gains in mobile revenues were overwhelmed by surging financing and foreign exchange costs.
10 May 2025
2:17PM
DITO named No. 1 mobile network in PH for 3rd straight time, beating Smart and Globe
Dito Telecommunity has been rated the no. 1 mobile network in the Philippines for the third straight time by global analytics firm Ookla, which ranks providers based on real user feedback after speed tests, underscoring its steady climb as a challenger to incumbents Smart and Globe.
6 Dec 2024
7:50PM
Dennis Uy's DITO Telecommunity secures funds to expand network as it nears 14M subscribers
Holding firm DITO CME Holdings has raised over P2 billion through a fully subscribed follow-on offer, boosting finances as DITO Telecommunity nears 14 million subscribers.
15 Nov 2024
1:09PM
Dennis Uy’s DITO CME doubles 9-month losses to P26B, prepares for ownership shift
Davao-based tycoon Dennis A. Uy's DITO CME Holdings, the holding company of telco industry challenger DITO Telecommunity, doubled its losses to P25.8 billion during the first nine months of the year amid higher costs.
9 Oct 2024
3:50PM
DITO CME to relaunch delayed share offer, eyes December listing
By: Miguel R. Camus
Davao-based tycoon Dennis A. Uy’s DITO CME Holdings is aiming to finish its follow-on share sale by the first week of December, company president Donald Lim said.
Advertisement
