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DITO says spending P50-B despite parent's canceled SRO

Jessica Fenol, ABS-CBN News
Posted at Feb 03 03:32 PM

DITO Telecommunity said it plans to spend over P50 billion for its network rollout in 2022 despite the scuttled share sale of its parent DITO CME. Read more »

DITO says business 'viable' despite DITO CME deferred stock rights offer

ABS-CBN News
Posted at Feb 01 09:18 AM

DITO Telecommunity said it remains as sustainable business despite DITO CME's announcement that it would defer its stock rights offer due to unfavorable market conditions. Read more »

PSE lifts trading halt on DITO CME after refund promise

Art Fuentes, ABS-CBN News
Posted at Jan 31 10:02 PM

The Philippine Stock Exchange said it will again allow DITO CME shares to be traded after the company vowed to refund investors in its scuttled share sale. Read more »

DITO CME trading halted after share sale deferment

Art Fuentes and Jessica Fenol, ABS-CBN News
Updated as of Jan 31 11:48 PM

In a statement dated Jan. 29, DITO CME said it had notified both the SEC and PSE of its decision to cancel the stock rights offer. Read more »

DITO CME extends stock rights offer

ABS-CBN News
Posted at Jan 18 12:55 PM

DITO CME Holding Corp said its move to extend its stock rights offer through Jan. 25 was approved by regulators. Read more »

DITO eyes offering broadband services in early 2022

Jessica Fenol, ABS-CBN News
Posted at Dec 29 03:41 PM

DITO Telecommunity is eyeing to rollout broadband internet services in early 2022, an official of its parent DITO CME Holdings Corp (DCME) said. Read more »

DITO CME says telco’s new towers withstood Odette

ABS-CBN News
Posted at Dec 22 11:46 AM

DITO CME president Eric Alberto said DITO telco’s services remained operational in the areas hit by Odette thanks to the company’s new infrastructure. Read more »

DITO hits 5 million subscribers, posts P2-B revenues

ABS-CBN News
Posted at Dec 20 05:23 PM

DITO Telecommunity said Monday it now has 5 million subscribers and has posted P2 billion in revenues, nine months after its commercial launch last March. Read more »

DITO CME sets final price of stock rights offer

ABS-CBN News
Posted at Dec 17 05:32 PM

DITO CME Holdings on Friday set the final offer price of its stock rights offer at P4.88 per share. Read more »

DITO nears 5M subscribers

ABS-CBN News
Posted at Dec 09 12:01 PM

Third telco DITO Telecommunity nears hitting the 5-million subscriber mark, its parent DITO CME said Thursday. Read more »

DITO net loss widens to P2.8 billion in Jan-Sept

ABS-CBN News
Posted at Nov 16 04:07 PM

DITO CME, the parent firm of third telco DITO Telecommunity, said its net loss widened in the third quarter to P2.8 billion. Read more »

Senate approves DITO franchise

ABS-CBN News
Posted at Mar 24 06:16 PM

Seventeen senators approved the franchise of DITO, with Senators Risa Hontiveros and Francis Pangilinan voting against it and Sen. Panfilo Lacson abstaining. Read more »

DITO eyes 'profitability' by year 5 of commercial operations

ABS-CBN News
Posted at Mar 12 12:14 PM

DITO Telecommunity expects to pay off liabilities and see profitability on its 5th year of operations, DITO CME Holdings Corp, which holds indirectly stakes in the telco, said Friday. Read more »

DITO CME shares plunge days after DITO telco’s commercial roll out

ABS-CBN News
Updated as of Mar 10 08:16 PM

Shares of DITO CME Holdings plunged 25 percent on Wednesday ending at P9 per share from a previous close of P12, two days after DITO Telecommunity finally rolled out commercial services.  Read more »

PH shares slip as inflation hits 22-month high

ABS-CBN News
Posted at Jan 05 10:01 PM

Philippine shares lost ground as foreign funds sell out of the local bourse following the release of Manila's December inflation print. Read more »

DITO CME Holdings moves to acquire 3rd telco player via share swap deal

Nika Lazo, ABS-CBN News
Posted at Nov 10 07:49 PM

MANILA - DITO CME Holdings has moved to acquire Udenna Communications and Media Entertainment Holdings Corp (Udenna CME) through a share swap deal valued at up to P77 billion in a bid to take partial hold of the country's third telco player, the firm said on Tuesday. 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 »