DITO Telecommunity Corp., having ramped up an aggressive nationwide network rollout last year, has scaled back its capital expenditures (capex) this year.
“Our capex guidance will be tempered a bit. It should be anywhere between P25 billion to P30 billion,” Eric Alberto, DITO chief executive, told reporters.
Last year, the third leg in the telecommunications sector set aside P27 billion as capex.
“After we focused on the network roll out, it is now time to focus on monetization and commercialization of the network’s investment,” Alberto said.
According to the executive, the plan is to focus on gaining market share and the roll out of exciting new, differentiated products in both the fixed wireless broadband and mobile data segments of the business.
The goal, he said, is acquiring 15 to 20 percent market share from the current 10 percent. DITO has more than 10 million subscribers.
“We are confident that with our better and brand-new network, we have reasons to gain our rightful share of the market,” he said.
He likewise expressed confidence the business will muster the final mandatory performance audit scheduled by the National Telecommunications Commission in July this year.
DITO earlier passed the fourth iteration of the performance audit having proven a national population cover of 80.65 percent as required by its franchise.
As for the minimum average broadband speed (MABS) requirement, DITO was clocked broadcasting 74.97 megabits per second under 4G and 639.32 Mbps on 5G in all sites, or combined MABS of 357.14 Mbps.
