MANILA, Philippines — With only three months to go before its targeted commercial launch in March next year, the China-backed Dito Telecommunity has yet to secure another 25-year franchise, which is set to expire in 2023.
This after the Senate public services committee on Monday deferred the approval of its franchise renewal to make way for further evaluation that the company indeed met its commitment to the government.
Dito earlier committed to cover 37 percent of the population in 2020 and provide an average speed of 27 megabits per second (mbps). By 2024, Dito should have an 84-percent coverage and offer a minimum average internet speed of 55 mbps.
The company, which holds …
Keep on reading: Senate defers China-backed Dito Telecommunity’s franchise renewal