This article needs to be updated.January 2020)(
|Mindanao Islamic Telephone Company (1998—2019)|
|Founded||April 19, 1998|
|Dennis Uy (Chairman) |
Adel A. Tamano (Chief Administrative Officer)
Rodolfo Santiago Jr. (Chief Technology Officer)
|Owner||Udenna Corporation (35%)|
Chelsea Logistics Corporation (25%)
China Telecommunications Corporation (40%)
Dito Telecommunity Corporation (formerly known as Mindanao Islamic Telephone Company, Inc. or Mislatel), is a telecommunications company in the Philippines. It is a consortium of Davao businessman Dennis Uy's Udenna Corporation and its subsidiary Chelsea Logistics Corporation, and Chinese state-owned China Telecommunications Corporation, a parent company of China Telecom. The consortium is known as the sole winner of the government-sanctioned bidding that would allow the consortium to become the third major telecommunications provider in the Philippines challenging the duopoly of PLDT and Globe Telecom The company will be issuing an additional 40 billion shares with a par value of 1.0 peso per share to further add to its Market Capitalization.
Dito is expected to begin its commercial operations by March 2021, moving its scheduled first call at the end of June 2020, citing certain lockdowns on key cities within the Philippines may delay its technical launch on July 2020, pulling Force majeure which the National telecommunications commission understands.
Early years as Mislatel
The Dito Telecommunity's history can be traced back to the establishment of Mindanao Islamic Telephone Company, Inc. (Mislatel), which is enacted by Congressional legislation in April 19, 1998 under Republic Act 8627 allowing the franchise to construct, install, establish, operate and maintain a telecommunication system throughout the Philippines. However, Mislatel failed to start its operations following the approval of its permit from the National Telecommunications Commission, and the company's franchise was ipso facto.
Third major telecommunications provider bid
In 2018, it was announced that Mislatel was one of the telecommunication firms to join the government-sanctioned bidding allowing the winner to become the third major telco provider in the Philippines challenging the duopoly of PLDT and Globe. Mislatel became a joint-consortium between Udenna Corporation, its subsidiary Chelsea Logistics, and Chinese state-owned and a parent company of China Telecom, China Telecommunications Corporation. The consortium was finally named as the "provisional third major player" by the NTC, beating out two other firms, Sear Telecom consortium and PT&T in the bidding.
The Senate and the House of Representatives approved the transfer of ownership of Mislatel to the latter's consortium. In June 2019, the consortium's stakeholders completed a share-purchase agreement with Mislatel, and were then awaiting their permit to operate, tentatively by July 2019.
Relaunch as Dito
On July 8, 2019, Mislatel was renamed as "Dito Telecommunity". Dito was derived from the Filipino word for "here", which is a response to the stakeholders' question on where they plan to set up a firm that would provide a "world class service" with "here" referring to the Philippines, the country where Dito Telcommunity is based in.
At the same date of the announcement of the company's renaming, Dito Telecommunity was granted its permit to operate after President Rodrigo Duterte awarded the Certificate of Public Convenience and Necessity by the National Telecommunications Commission to its chairman Dennis Uy during a ceremony at the Presidential Palace, Malacañang.
On September 6, 2019, Dito announced to build its own campus on an 8-hectare lot at Clark Global City. The campus will house its own data center and it will hold Dito’s operational departments, network operations center, servecall center, and regional center. It will also serve as the hub for Dito’s research and development in the telecommunications space.
In October 2019, Dito signed separate deals with Lopez-owned Sky Cable Corporation and politician Luis Chavit Singson's LCS Group. Under the deal with LCS Group, Dito will lease the shared telco towers that LCS had already build in several areas. While on the other hand of the deal with Sky Cable, Dito will utilize the latter's unused fiber-optic cables in Metro Manila.
Dito is expected to begin its commercial operations by March 2021 with a plan to make its first call by May 2020, set up 1,600 cell towers that will cover 37% coverage in the country and start of its technical operations by July 18, 2020, and its pre-commercial trial by September 2020. Dito will offer 4G LTE first before moving to 5G technology in 2021.
The following stakeholders of Dito Telecommunity (as of February 2019):
- Udenna Corporation - 35%
- Chelsea Logistics and Infrastructure Holdings Corp - 25%
- operates as a holding company. The Company, through its subsidiaries, provides marine shipping services; transports passengers, cargos, petroleum, oil, chemicals, and other bulk products, for customers in Philippines.
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