Dito targets P27 billion revenue as users breach 20-million mark

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June 15, 2026 | 12:00am

MANILA, Philippines — Dito Telecommunity Corp. is bullish it could generate revenue of as much as P27 billion this year as its subscriber count nears the 20-million mark.

On the sidelines of a product launch, Dito CEO Ernesto Alberto said the telco is expected to hike its revenue to between P24 billion and P27 billion this year, from P20.54 billion in 2025.

He said the revenue growth would be driven by subscriber acquisition, as Dito looks to end the year with a customer base of 20 million.

To date, the Dennis Uy-led telco is adding as many as 24,000 subscribers to its fold daily, driven by consumers who want to experience connecting to an all-5G network. Apart from this, Dito is bringing in at least 1,500 customers daily for fixed wireless access (FWA).

Alberto said the expansion of its subscriber base could have been faster without the inflationary pressures weighing down on Filipinos, as consumers are holding on to their savings to protect their households against price hikes.

He said Filipinos are beginning to cut spending on non-essential items like retail, allocating their income largely on utilities, particularly connectivity and power.

There is also the opportunity for telco providers like Dito to position themselves in the market, as Filipinos move to work-from-home arrangements as elevated gas prices persist.

Still, Alberto said Dito is watching the Middle East developments closely, cautious that a further escalation could mean thinner incomes for their subscribers.

As it stands, Dito is leaning on an infrastructure backbone of 7,347 towers for a population reach of 86.4 percent. Alberto said the ideal goal for Dito is to hit 90 percent, but that would easily demand an additional $1 billion to build more cellular towers.

As of March, Dito serves a customer base of more than 16.63 million in the mobile segment. The telco is gaining traction on the FWA side, where it now connects about 470,000 subscribers.

However, Dito’s parent Dito CME Holdings Corp. is struggling to get out of its financial slump, as it quadrupled its net loss to P6.76 billion in the first quarter, from P1.66 billion a year ago.

Worse, Dito CME’s capital deficiency ballooned to a record P117.73 billion, as the company has yet to recover from its cash-demanding network buildup to be able to challenge its rivals.