Dito Telecommunity Corporation (formerly known as Mindanao Islamic Telephone Company, Inc. or Mislatel), is a telecommunications company in the Philippines. It is a consortium of Davao businessman Dennis Uy’s Udenna Corporation and its subsidiary Chelsea Logistics Corporation, and Chinese state-owned China Telecommunications Corporation, a parent company of China Telecom. The consortium is known as the sole winner of the government-sanctioned bidding that would allow the consortium to become the third major telecommunications provider in the Philippines challenging the duopoly of PLDT and Globe Telecom.
Dito is expected to begin its commercial operations by March 2021, and the technical launch will be on July 8, 2020. The technical launch means that the DITO network will be ready for technical audits from the NTC (National Telecommunications Commission). This is to make sure that we comply to the government-approved number to cover 37 percent of the country’s population, the third telco player said through a disclosure from its sister firm, Chelsea Logistics. Dito, once named the Mislatel consortium, paid a 25.7-billion performance bond to the government as it committed to provide internet service with a speed of 27 megabits per second to more than a third of the population on its first year of operation.
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