Dito gains 13% market share, eyes profitability

Dito gains 13% market share, eyes profitability

Dito Telecommunity celebrated reaching 13 million subscribers as of this month (October), and CEO Eric Alberto claimed the challenger operator will achieve profitability within a few years.

According to Alberto, 13 million subscribers equate to a 12% market share. He stated that the operator measures profitability through EBITDA and expressed optimism about breaking even in this metric by the end of 2025.

“Over the next year, our ambition is to be EBITDA positive,” said Alberto, with the ultimate goal of achieving profitability by 2028.

This ambition was revealed during an event held by the operator to celebrate passing its fifth and final technical audit, as reported by ABS-CBN News.

Dito now has nationwide coverage of 86.3%, exceeding its promise of 84% in its fifth year. It also achieved a minimum average broadband speed of 92.87 Mbps for 4G and 597 Mbps for 5G, surpassing its commitment of 55 Mbps. The operator has invested approximately US$1 billion annually in its nationwide deployment.

National Telecommunications Commission Commissioner, Ella Blanca Lopez, said: “These results reflect Dito’s commitment to meeting and exceeding regulatory requirements while contributing meaningfully to the development of digital infrastructure in the Philippines.”

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