DITO aims for P 27 billion full-year revenues in 2026

MANILA, Philippines – DITO Telecommunity is targeting revenues of as much as P27 billion this year as it presses ahead with its network expansion, even while grappling with a widening capital deficiency and mounting losses.

In a recent interview, DITO president and CEO Ernesto Alberto said the country’s youngest telco expects revenues to reach between P24 billion and P27 billion in 2026, depending on market conditions.

If achieved, this would represent growth of roughly 17 percent to 30 percent from the P20.54 billion in revenues it generated in 2025.

This outlook largely tracks DITO’s first-quarter performance, when revenues jumped 31 percent to P5.81 billion. But the company remained in the red during the period as expenses climbed to P8.67 billion.

While Alberto acknowledged that rising prices have squeezed household budgets, he said telecommunications spending has remained relatively resilient compared with other consumer categories.

“The market has been very soft because of the Middle East crisis and the inflationary pressures that it brings to consumers,” Alberto told reporters. “Fortunately, the demand for our products is less elastic than the others.”

“We’re seeing ourselves to be a primary needed service,” he added.

To support its revenue ambitions, DITO is hoping to end the year with close to 20 million subscribers, although Alberto acknowledged that softer market conditions could make that target more challenging to achieve.

Even so, the telco continues to add around 23,000 to 24,000 customers a day on a gross basis and now has more than 17 million mobile and fixed wireless access subscribers combined.

Alberto also pointed to strong demand for DITO’s 5G fixed wireless broadband service, which was launched about a year and a half ago and has grown to nearly 550,000 subscribers.

Achieving those growth targets, however, will require further network expansion at a time when DITO is contending with a worsening capital deficiency, which widened to a record P117.73 billion in the first quarter.

Alberto said the company has “every intent” to expand its network, although the pace of the rollout will depend on its ability to secure additional funding.

Last May, parent firm DITO CME Holdings Corp. announced plans to help address the funding gap. INQ