China Telecom’s Philippine Venture Wants to Double Subscribers
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China Telecommunications Corp.’s Philippine venture may double its subscribers this year to reach a target to secure a third of the nation’s communications market as early as 2024.
Subscribers of DITO Telecommunity Corp., which began operations in March, may climb to about 10 million from 5.3 million at the end of last year as the company expands network coverage, according to majority stakeholder DITO CME Holdings Corp.