DitoTel’s P64B in loans falling due on May 26

MANILA  -Debt woes are mounting for Davao-based businessman Dennis A. Uy as his telecommunications venture with China Telecom seeks a fresh extension to a nearly P64 billion worth of loans falling due next week. Dito Telecommunity (DitoTel), which is in the midst of a network rollout, has several bank loans with Bank of China’s overseas … Continue reading DitoTel’s P64B in loans falling due on May 26