Dito Telecommunity

Dito Telecommunity
FormerlyMindanao Islamic Telephone Company (1998–2019)
Company typeSubsidiary
IndustryTelecommunications
FoundedDavao City, Philippines
April 19, 1998; 26 years ago (1998-04-19)[1][2]
Headquarters,
Philippines[3]
Area served
Philippines
Key people
ProductsCall and Text messaging services, Mobile internet
RevenueIncrease PH₱2.3 billion (2021)
Increase PH₱2 billion (2021)
Owner
ASN
Websitewww.dito.ph

DITO Telecommunity Corporation (stylized as DITO),[4][5][6] formerly known as Mindanao Islamic Telephone Company, Inc. or Mislatel[1][2] is a telecommunications company in the Philippines which is also engaged in the business of multimedia and information technology.[7] It is a consortium of DITO CME Holdings Corporation, a subsidiary of the Udenna Corporation which is owned by Davao businessman Dennis Uy, and China Telecommunications Corporation, a state-owned enterprise of the government of mainland China and a parent company of China Telecom.[8]

The consortium is known as the sole winner of the government-sanctioned bidding that would allow the consortium to become the third major telecommunications provider in the Philippines challenging the duopoly of PLDT and Globe Telecom.[9] DITO CME Holdings Corporation (a publicly listed firm also owned by Uy), meanwhile, has an "indirect ownership" in the telco.[8]

DITO Telecommunity began its commercial operations on March 8, 2021.[10][11] It offers commercial wireless services through its 4G LTE, and LTE-A networks, with 5G currently being deployed in key locations in the Philippines. As of August 2023, DITO's total mobile subscriber base stands at 7.74 million.[12] DITO gave out a free data allocation of 1 gigabyte for each subscriber when it hit a million customers three months after its official rollout.[13]

  1. ^ a b Cite error: The named reference republicact was invoked but never defined (see the help page).
  2. ^ a b Cite error: The named reference congressoks was invoked but never defined (see the help page).
  3. ^ Cite error: The named reference DITOservices was invoked but never defined (see the help page).
  4. ^ "Mislatel, now DITO Telecommunity, is a Filipino-Chinese company which got a permit to operate as 3rd telco". CNN Philippines. July 8, 2019. Archived from the original on April 11, 2021. Retrieved July 8, 2019.
  5. ^ Balinbin, Arjay L. (July 8, 2019). "Mislatel to rebrand as 'DITO Telecommunity' after getting license". BusinessWorld. Archived from the original on January 16, 2021. Retrieved July 8, 2019.
  6. ^ Parrocha, Azer (July 8, 2019). "PRRD hands Mislatel Consortium permit to operate as 3rd telco". Philippine News Agency. Archived from the original on July 8, 2019. Retrieved July 8, 2019.
  7. ^ "DITO.PH | DITO CME Holdings Corp. Company Profile & Executives - WSJ". www.wsj.com. Archived from the original on October 9, 2020. Retrieved October 7, 2020.
  8. ^ a b "DITO CME Approves UDENNA CME Share Swap". Udenna Group. November 9, 2020. Archived from the original on June 26, 2021. Retrieved June 26, 2021.
  9. ^ De Guzman, Luchi (November 9, 2018). "Udenna-China Telecom wins provisional bid as 3rd telco player". CNN Philippines. Archived from the original on July 9, 2021. Retrieved June 20, 2019.
  10. ^ Marasigan, Lorenz S. (January 8, 2021). "DITO all set for month-long technical audit". BusinessMirror. Archived from the original on January 13, 2021. Retrieved February 4, 2021.
  11. ^ Fenol, Jessica (March 8, 2021). "DITO now available in Visayas, Mindanao; will be in NCR 'in a few weeks'". ABS-CBN News. Archived from the original on March 8, 2021. Retrieved July 4, 2021.
  12. ^ Piad, Tyrone Jasper C. (August 7, 2023). "Telco unfazed by SIM card purge". INQUIRER.net. Retrieved November 22, 2023.
  13. ^ "Dito Telecom hits 1M subscribers, announces free 1GB data". GMA News Online. June 16, 2021. Archived from the original on January 16, 2023. Retrieved June 21, 2021.