DITO Telecommunity Corp., the telco company led by businessman Dennis A. Uy, has signed separate agreements with two telco infrastructure providers—LCS Holdings Inc. and SkyCable Corp.—to hasten its deployment of services in the Philippines.
Under its deal with LCS Holdings, a company owned by politician Luis Chavit Singson, Dito will be leasing the shared telco towers that the former plans to build in “key areas” of the country.
Its deal with SkyCable, on the other hand, involves the utilization of unused fiber-optic cables within Metro Manila.
“These two deals allow Dito to tap reliable local partners and their existing telecommunication infrastructure assets to support our network rollout, without having to build everything from scratch; done to ensure that we soon deliver on our promise of faster, more affordable, and most important secure Internet connectivity for our countrymen,” Dito chief Administrative Officer Adel A. Tamano said on Thursday.
Dito, the third major player in the local telco market, has yet to formally announce the availability of its mobile services in the Philippines. It won the auction for the third telco franchise in late 2018.
Formerly known as Mislatel Consortium, Dito committed to initially cover 37 percent of the whole Philippines with a minimum Internet speed of 27 Mbps through a P150-billion capital and operational expenditures budget.
Its five-year commitment entails a P257-billion investment that will result in an 84-percent nationwide coverage with a minimum Internet speed of 55 Mbps.