DITO bullish on attracting new investors amid growth

DITO Telecommunity Corp. is optimistic about attracting new investors, especially as the company prepares to surpass 15 million subscribers and deliver revenue growth of up to 27 percent by the end of the year.

Speaking with reporters at the launch of Dito BizBayan on Wednesday, Dito Telecommunity chief executive officer Eric Alberto pointed to the company’s growing subscriber base, strong fixed wireless access (FWA) business, and network awards from Opensignal and Ookla as drivers of investor confidence.

“With all these positive milestones, I think we’re getting a lot more visibility and interest from investment quarters,” Alberto said.

Strong subscriber acquisition

“I think we’re finishing the year with 26 percent to 27 percent growth in revenue. The market in total is flat or slightly negative even,” Alberto said, attributing the growth to strong subscriber acquisition across both consumer and enterprise segments, supported by continuous network improvements.

DITO expects to close 2025 with 16 million mobile subscribers and around 500,000 FWA users. Its enterprise and carrier business, which started from zero two years ago, is projected to contribute over P1.5 billion in revenue.

Planned capital infusion

Alberto also said DITO CME Holdings Corp., the telco’s parent firm, continues to pursue the planned capital infusion from Singapore-based Summit Telco Corp. Pte. Ltd.

He confirmed that the investor remains “committed,” although the completion of the investment remains “pending fulfillment of certain conditions.”