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.
DITO Telecommunity is pushing back against renewed spying allegations of, calling them recycled attacks that have already been addressed in past congressional hearings and regulatory audits.
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.
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.
Telco challenger DITO Telecommunity named lawyer Adel A. Tamano as chief revenue officer for consumer business last April 3, 2025, expanding his leadership scope within the company.
One such account, posing as DITO Telecommunity, attempted to attract users with the message: “SIM card registration available po. PM lang po sa gustong magregister jan. all network po.”
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.
Clark International Airport, with nearly one million passengers in the first half of 2024 alone, now benefits from DITO’s robust 5G infrastructure, providing fast, seamless, and secure Wi-Fi access for domestic and international passengers.