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LAWIN.news

DITO Tel Expands Market Share

by Mae De Vera, LAWIN.news November 14, 2024
written by Mae De Vera, LAWIN.news November 14, 2024
CHALLENGER By 2026, DITO Tel is projected to grow its mobile subscriber market share to 16 percent from 7 percent last year. —RICHARD REYES
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DITO Telecommunity, a key player in the Philippine telecommunications sector, is making significant strides in expanding its presence. As of October 2023, DITO has achieved 13 million subscribers, which translates to approximately 12% of the market share.

The company is keen on further strengthening its foothold in the market. DITO has announced an ambitious plan to invest around PHP 9 billion over the next three years. This investment aims to build an additional 800 cell towers, enhancing network reach and service quality. The expansion is part of DITO’s strategy to provide better connectivity to underserved areas and meet the increasing demand for reliable telecommunications services.

Eric Alberto, CEO of DITO Telecommunity, expressed confidence in the company’s growth path. He emphasized that the current subscriber base and market share increase are reflective of DITO’s commitment to delivering high-quality services. The company measures its success not only in terms of subscriber numbers but also through profitability indicators like EBITDA, as highlighted by Alberto in recent statements.

The telecommunications industry in the Philippines has been witnessing rapid changes, with DITO’s entry intensifying competition. The company’s aggressive expansion and investment plans have positioned it as a formidable competitor, challenging the longstanding duopoly of PLDT and Globe. Industry analysts have noted that DITO’s growth strategy aligns with the broader objectives of enhancing digital infrastructure across the nation.

DITO’s expansion endeavors are also expected to contribute to improved telecommunications services in remote and rural areas. The company’s focus on building additional cell towers in these regions aims to close connectivity gaps and offer more residents access to digital services. This move aligns with the government’s efforts to promote inclusive digital transformation and bridge the digital divide.

The market dynamics are continuously evolving as DITO pursues its expansion plans. The company’s commitment to investing in network infrastructure and service improvements is anticipated to yield positive results in terms of subscriber growth and market share. As the third major player in the industry, DITO’s presence is reshaping the competitive landscape and offering consumers more choices in telecommunications services.

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Mae De Vera, LAWIN.news

Mae De Vera is a passionate advocate, creative professional, and entrepreneur. A graduate of Political Science from Saint Louis University and a law student of Arellano University, Mae is dedicated to empowering marginalized communities through outreach programs and advocacy. With a background in digital artwork, event flyer design, ESL teaching, and business management, Mae brings a versatile skill set to her endeavors. She also embraces her love for nature through farming, integrating sustainability into her life. Mae’s leadership experience as a consistent school student leader reflects her commitment to making a difference. Today, she combines her creativity, advocacy, and entrepreneurial spirit to create impactful stories and initiatives that inspire change. Disclaimer: The views and beliefs expressed by the author do not necessarily represent those of LAWIN.news, its management, editorial board, or staff.

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