Dito Telecommunity passes its 3rd technical audit

According to DITO [DITO 3.21 5.31%] [link], the telco passed its 3rd technical audit while also satisfying the minimum coverage threshold for continuance under its congressional franchise.

This year, DITO needed to have “covered” at least 70% of the population, at speeds averaging at least 55 mbps.

DITO covered 72% of the population, and provided a minimum average speed of 71 mbps.

DITO said that it received notice of its “pass” from the National Telecommunications Commission.
 

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It feels a little rich to refer to its 72% coverage in such breathless terms, as though it didn’t just squeak past a coverage number that is a bare minimum.

Still, a pass is a pass, and DITO can now turn its executive cycles to trying to figure out how to deal with its ballooning US Dollar-denominated debt, which looks like it will only become more of a problem for the next couple of quarters. 

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