Tech

Third Telco Aims to Win 30% of Market Share with Super-Fast Internet Service

It wants to improve competition and break the duopoly.
IMAGE UNSPLASH
Comments

Dito Telecommunity, the incoming third player in the local telecommunications industry, is aiming to control at least 30 percent market share in terms of the number of subscribers within the first three years of its operations, according to a report by CNN Philippines

Businessman Dennis Uy led the entry of the Dito Telecommunity into the country by partnering his Udenna Corporation and Chelsea Logistics Corporation with China Telecommunications Corporation. The company is set to roll out its services by April to June 2020.

Many people anticipate the entry of the third telco as a welcome development that can add competition to the market. PLDT and Globe are the country’s biggest telecommunications companies that provide mobile and internet services to majority of Filipinos. PLDT owns Smart and Sun Cellular, while Globe is controlled by the Ayala Corporation.

Dito promises Internet speed of 55 Mbps on its second year

One of the strategies that Dito will use to capture a sizeable chunk of the market is by offering super-fast internet service. Currently, the average mobile download speed in the Philippines is 17.74 megabits per second (Mbps), when the current global average is 29.50 Mbps, according to Speedtest Global Index. For fixed broadband speeds, the Philippines ranks 89th among 175 countries, with an average of 25.99 megabits per second (Mbps). The global average for fixed broadband speed is 69.10 Mbps. Dito aims to give Filipinos 27 Mbps on its first year of operation, and 55 Mbps on its second year for its fixed broadband Internet services.

ADVERTISEMENT - CONTINUE READING BELOW
Comments
View More Articles About:
Recommended Videos
About The Author
Mario Alvaro Limos
Features Editor
View Other Articles From Mario
Comments
Latest Feed
 
Share
Manila Water will cut services to work on emergency repairs.
 
Share
'I wept a lot yesterday. I’ve been weeping today. I’m far from done crying, for Kobe and Gigi, the Black Mamba and his Mambacita.'
 
Share
Most of the items sold online come from China.
 
Share
Filipinos show outpouring of love for the basketball legend.
 
Share
 
Share
Celebrate Single Awareness Day with these hilariously named and absolutely delicious flavors.
 
Share
SM Supermalls currently has over 80 malls in the Philippines and China.
 
Share
With the bans lifted, residents can now return to their homes. But the damage is already done.
 
Share
Not even the richest man in the world is safe from a simple cyber attack.
 
Share
Even with his fly down, it's hard to get behind this fit.
Load More Articles
Connect With Us