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Sunday, May 10, 2026

Dito made false claims–PLDT - BusinessMirror

Telco titan PLDT Inc. on Sunday accused rival Dito Telecommunity Corp. of resorting to “squid tactics to mislead the public” about its alleged unpaid obligation amounting to P430 million.

In a statement, the Pangilinan-led telco said Dito, controlled by businessman Dennis A. Uy of Davao, clarified that it was Dito that requested PLDT the construction of transmission facilities, which the third player would then lease.

“PLDT had no duty to do so and could have refused if it wanted to reduce competition. But PLDT agreed to build and lease the transmission facilities to Dito, while also providing interconnection services to benefit both Dito’s and PLDT’s own subscribers,” PLDT said.

Responding to a disclosure to the stock exchange on Friday, Dito claimed it was “compelled to enter into an agreement with PLDT for the provisioning of the transmission facilities to allow Dito to interconnect with the subscribers of PLDT’s affiliate/subsidiary, Smart Communications Inc. for the purpose of supporting the parties’ obligations under their Interconnection Agreement.”

PLDT said these claims are “misleading.”

“PLDT built, delivered, and leased the transmission facilities for Dito on schedule, while Dito repeatedly delayed in paying PLDT the contracted milestone payments for the facilities in the hundreds of millions of pesos,” PLDT said.

Dito still has P430 million to pay for the said facilities.

“Instead of paying, Dito has responded to PLDT’s mandatory PSE [Philippine Stock...



Read Full Story: https://businessmirror.com.ph/2022/10/10/dito-made-false-claims-pldt/