DITO Telecommunity has introduced an unlimited prepaid broadband service with internet speeds of up to 100 megabits per second (Mbps), using what they call the first "true 5G" system in the Philippines.
As the country's third major telecom provider, DITO has unveiled DITO Home WOWFi, which they claim is the world's first 5G RedCap technology Wi-Fi for residential use.
According to HERE, "5G RedCap" represents the new standard and major change in 5G, previously known as NR-Light. This lightweight 5G technology runs only on 5G Standalone (SA) networks, or "true 5G," which provides higher capacity, better quality, and lower latency compared to 5G Non-Standalone (NSA) networks. which depends on the existing 4G infrastructure.
To join, customers need to purchase a starter kit worth P1,990, which includes unlimited 5G data and 50GB of 4G data for 30 days. After the first month, there is a monthly fee of P790 for unlimited 5G and an additional 50GB of 4G data in areas with 4G coverage. The starter kit is available at various locations, including DITO e-Shop, DITO Experience Stores, retail partners, and online platforms such as Shopee, Lazada, and TikTok.
This service is designed for underserved areas where traditional wired connections are not good.
Recently, DITO completed their fifth technical audit, which reported a nationwide coverage of 86.3% and an average broadband speed of 92.87 Mbps for 4G. For 5G, the minimum speed reaches 597.7 Mbps. As part of their commitment as the third major telco, DITO aims to reach 84.01% national coverage and a minimum average broadband speed of 55 Mbps in the fifth year of their contract.
In the month of October, DITO Telecommunity reached 13 million subscribers, covering almost 12% of the market. CEO Eric Alberto said their entry challenged Globe and Smart's dominance, resulting in better telecom services and lower prices for consumers.
In November, DITO CME Holdings, the parent company of DITO Telecommunity, plans to conduct a P4.2 billion follow-on offering to support the telco's operations and expansion initiatives. The offering is tentatively scheduled to be made in the last week of November, and the shares are expected to be listed in the first week of December. DITO CME confirmed that the follow-on consists of 1.95 billion primary common shares, with an expected price range of P1.00 to P2.15. This offering was originally planned from September 26 to October 2.
