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More articles about: Dennis Uy
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But there’s some good news for the country’s third telco.
Dito CME Holdings Corp., the holding company of Dito Telecommunity Corp. firm chaired by businessman Dennis Uy, posted a net loss of P15.43 billion in the first half of 2022, an increase of 300 percent from the P3.81 billion net loss durin ...
The company’s not content being just the “third player.”
Dito Telecommunity Corp., the telco company owned and controlled by businessman Dennis Uy, is gunning to be the country’s top telco. With a current user base of 10.3 million subscribers, the company aiming to break up the duopoly of Globe and Smart ...
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The acquisition process is ongoing.
The infrastructure unit of Enrique Razon Jr. will acquire a controlling stake in the Malampaya Deep Water gas field project, the company announced on Thursday, June 2. Prime Infra Holdings, Inc. said the acquisition process has already kicked off and will close “subject ...
The telco is going all out this year.
The country’s third telco franchise holder is spending P50 billion in capital expenditures (capex) this year to further expand its network and meet its commitments to the government. Dito Telecommunity Corp. is already fully funded for the rest of its commitment period as ...
It presents significant security risks, the group said.
The transfer of the Malampaya Gas Field Facility to Malampaya Energy XP Pte., a unit of Udenna Corp, presents significant security risks, and thus ought to be revoked, the Philippine Bar Association (PBA) said in a statement. The lawyers’ group urged the government ...
Market cap is just an element of a capital structure, it said.
The energy subsidiary of Dennis Uy’s Udenna Corp defended its acquisition of the shares of Shell Philippines Exploration B.V. (SPEx) in the Malampaya gas field venture. Officials of Malampaya Energy XP Pte. said that the Senate Energy Committee failed to look at ...
The country’s third major telco wants to attract up to two million subscribers by the end of 2021.
Dito Telecommunity is finally in Metro Manila and is targeting to attract “a couple million” subscribers by the end of the year. The country’s third major telco officially launched its services in 46 areas in the country’s capital region, as well as in ...
Move is meant to shield Chelsea from 2GO’s losses.
Dennis Uy is exiting 2GO. Listed Chelsea Logistics and Infrastructure Holdings Corp., which the businessman chairs, has announced in a filing with the Philippine Stock Exchange that it is selling its minority stake in the logistics company. Chelsea owns about 31.73 percent ...
It will launch in Visayas and Mindanao first.
DITO Telecommunity, the third player in the increasingly competitive telecommunications field, has confirmed that it will roll out its commercial launch on March 8. In a statement, the company confirmed a report on ABS-CBN that it is initially launching in 17 cities and municipalities ...
