Philippines' DITO eyes doubling of subscribers, US$1billion investment in 2022


MANILA, Jan 23 (Reuters): A new Philippines joint venture 40% owned by China Telecom has announced that it was on track to double its subscribers this year, supported by US$1 billion of annual investment in expanding coverage in the archipelago nation.

DITO CME Holdings' telecoms unit is hoping to book profits by 2026, or five years into its operations.

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