The House of Representatives in the Philippines has approved a 25-year franchise to the Mindanao Islamic Telephone Company Inc. now known as DITO Telecommunity Corp.
House Bill 7332 or “An act renewing for another 25 years the franchise granted to Mindanao Islamic Telephone Company Inc, presently known as DITO Telecommunity Corp.” passed the third and final reading with a 240-7 vote.
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DITO is the brainchild of Dennis Uy – one of Davao’s most prominent businessmen who is now one of the emerging key players in the telecommunications market with the approval of their franchise, to challenge the current duopoly between PLDT Inc. and Globe Telecom
In addition, the house also amended Republic Act No. 8627 known as “an act granting the Mindanao Islamic Telephone Company Inc, a franchise to construct, establish, install, maintain and operate wire and/or wireless telecommunications system,”.
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Earlier, President Rodrigo Duterte threatened to shut down both Globe and Smart if they are unable to improve their internet services before the end of 2020.
To date, both Globe and PLDT have a total of 25,000 cell towers all over the Philippines.
