Formerly | Mindanao Islamic Telephone Company (1998–2019) |
---|---|
Company type | Subsidiary |
Industry | Telecommunications |
Founded | Davao City, Philippines April 19, 1998[1][2] |
Headquarters | Udenna Tower, Bonifacio Global City, Taguig, Metro Manila , Philippines[3] |
Area served | Philippines |
Key people | |
Products | Call and Text messaging services, Mobile internet |
Revenue | PH₱2.3 billion (2021) |
PH₱2 billion (2021) | |
Owner | |
ASN | |
Website | www |
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]
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