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Launching in 160 days? DITO readies stores, SIM cards for March 2021 debut

Jessica Fenol, ABS-CBN News
Updated as of Oct 29 02:38 PM

Third telecommunications player DITO Telecommunity said Thursday it would start building physical stores in "major malls" nationwide as it gears up for its March 2021 commercial launch. Read more »

Converge ICT VisMin backbone done in 2021, eyes fiber service for 18M households by 2025

ABS-CBN News
Posted at Oct 26 12:21 PM

Philippine fiber broadband provider Converge ICT Solutions on Monday said it will complete its Visayas-Mindanao backbone next year and will be able to penetrate half of the population by 2025.  Read more »

Dennis Uy's PH Resorts Group sets final price for follow-on offer at P1.68

ABS-CBN News
Posted at Oct 19 09:03 AM

Dennis Uy's PH Resorts Group on Monday said it has priced its follow-on offering at P1.68 per share, nearly at the midrange of its indicative offer price of P1 to P2.50. Read more »

Chelsea Logistics defers 'most' capex, sees signs of recovery in 2021

ABS-CBN News
Posted at Oct 07 09:31 AM

Chelsea Logistics and Infrastructure Holdings Corp said Wednesday it deferred "most" of its capital expenditures this year to mitigate the impact of the coronavirus pandemic as it expects signs of recovery in 2021 Read more »

Dennis Uy's PH Resorts Group follow-on offering gets PSE approval

ABS-CBN News
Posted at Oct 02 10:25 AM

PH Resorts Group Holdings, Inc. (PHR) on Friday said the Philippine Stock Exchange has given its approval on the firm's follow-on offering aimed to fund the construction of its Mactan Cebu casino resort. Read more »

DITO picks US firm as cybersecurity solutions provider, says 'fortunate' with China Telecom on board

Jessica Fenol, ABS-CBN News
Posted at Sep 17 03:34 PM

DITO Telecommunity said Thursday it was "fortunate" to have China Telecom as partner for its third telco rollout calling espionage concerns "misplaced" and bringing in a US firm as cybersecurity provider. Read more »

Third telco DITO says first year target on towers completion on track, seeks 'trust' on AFP deal

Jessica Fenol, ABS-CBN News
Updated as of Sep 17 04:38 PM

DITO Telecommunity on Thursday said it was on track to complete its initial first year commitment of 1,300 towers by October, as the third telco player appealed to "put some trust" on its existing agreement with the Armed Forces of the Philippines. Read more »

Palace allays security concerns on allowing China-backed telco cell towers in military camps

Arianne Merez, ABS-CBN News
Posted at Sep 14 06:04 PM

Malacañang allayed security concerns related to a China-backed telco firm's plan to construct cell towers in military camps, saying the Philippine defense department will guard against espionage. Read more »

Phoenix Petroleum eyes Southeast Asia expansion with Indonesian firm partnership

ABS-CBN News
Posted at Sep 10 01:19 PM

Phoenix Petroleum Philippines Inc said Thursday its board approved a plan to partner with the Singaporean unit of state owned PT Pertamina Indonesia for fuel product supply and other trading activities in Indonesia and the Philippines.  Read more »

Third telco DITO assures facilities won't be used to obtain 'classified' information

ABS-CBN News
Posted at Sep 09 01:00 PM

Third telco player DITO Telecommunity said Wednesday its equipment, devices and structures to be constructed within military camps would not be sued to obtain classified information from the armed forces. Read more »

How the country’s third major telco got a 25-year franchise renewal — a timeline

RHIA GRANA
Updated as of Aug 26 03:17 PM

The Dennis Uy-led company says it’s on track for commercial roll out by March 2021. BY RHIA GRANA Read more »

House approves third telco DITO Telecommunity's 25-year franchise

ABS-CBN News
Posted at Aug 25 09:34 AM

The House of Representatives on Monday approved a bill granting a fresh 25-year franchise to third telco player DITO Telecommunity formerly known as Mislatel. Read more »

Dennis Uy quits as president of media unit Dito CME Holdings

ABS-CBN News
Updated as of Aug 14 11:08 AM

Businessman Dennis Uy resigned as the president of media and entertainment company Dito CME Holdings Corp, the company said Friday. Read more »

Dennis Uy media unit says plans to deliver entertainment, other services

ABS-CBN News
Posted at Jul 28 10:26 PM

DITO Communications Media Entertainment said “it will plan to invest in and partner with creative organizations and thought leaders to develop and distribute entertainment, sports and educational programs for various platforms.” Read more »

Third telco player DITO hastens rollout, set to 'launch soonest'

ABS-CBN News
Posted at Jul 28 02:36 PM

Third telecommunications player DITO Telecommunity said Tuesday it "shared" the connectivity concerns raised by President Rodrigo Duterte during his 5th State of the Nation Address (SONA).   Read more »

Dennis Uy's Mactan casino resort aims to open by end of 2021

ABS-CBN News
Posted at Jul 23 04:43 PM

Davao-based businessman Dennis Uy’s gaming and tourism firm is aiming to open its flagship casino resort in Mactan, Cebu by the end of next year, the company said in a disclosure to the stock market.    Read more »

Dennis Uy's Udenna says ABS-CBN frequency acquisition rumors 'completely false'

ABS-CBN News
Posted at Jul 15 04:05 PM

Udenna Corp said Wednesday the rumors circulating that it was interested in acquiring the frequencies of shuttered ABS-CBN broadcast operations wre "unfounded and completely false." Read more »

'Full consideration' for Mislatel: Poe flags 'mystery' in House decision on ABS-CBN franchise

Katrina Domingo, ABS-CBN News
Updated as of Jul 13 09:20 PM

Sen. Grace Poe on Monday said it is a "mystery" why a House panel rejected ABS-CBN's franchise renewal bid, when it gave "full consideration" for the third telco player that sought for a license to operate last year. Read more »

DITO remains 'on track' with March 2021 launch despite audit delay

Jessica Fenol and Warren De Guzman, ABS-CBN News
Updated as of Jul 03 01:31 PM

DITO Telecommunity said Friday it was still "on track" to meet its commercial launch in March 2021 despite delays in its technical audit originally set this month. Read more »

Dennis Uy denies interest to take over Kapamilya network: ‘Mataas ang respeto ko sa ABS-CBN’

ANCX
Posted at May 11 11:12 AM

As a direct reply to an opinion piece published on ANCX, the businessman quashed rumors of a supposed plot to get the network’s frequency.  Read more »