Driven by aggressive 5G service rollout, DITO Telecommunity Corp. is expecting one million fixed wireless access (FWA) subscribers within the next year.
“Our initial target is one million in the short term, which we define as around one to one and a half years. Right now, we're seeing that we have the capacity — in fact, we have abundant capacity,” DITO Chief Executive Officer Eric Alberto said during a media briefing on Tuesday.
This year alone, DITO has allocated around P10 billion to P15 billion to expand its FWA services through its standalone 5G network—now about 86 to 87 percent complete—to reach areas where fiber rollout is not feasible.
DITO currently has 250,000 WiFi subscribers, a figure expected to rise to 300,000 by year-end.
“We are seeing stronger traction and better reception for our services, and that’s translating to faster conversions. Because of this momentum, we believe we can be a bit more ambitious,” Alberto said.
He added that capital expenditures for the year would depend on market demand as the company continues to scale up. DITO is also targeting a 30 percent market share in the medium term.
“In a three-horse race, that should be a rightful market share… There is room for everybody because the consumers are also using more data,” he said.
DITO is projected to post positive full-year EBITDA by end-2025 and turn profitable by 2028. To date, the company has 14.87 million mobile subscribers.