The telecom DITO Telecommunity has secured a USD 3.9-billion or PHP 2.21-billion loan and 15-year finance facility with a group of international banks. According to DITO CME, they have stated that this agreement may be "one of the largest long-term debt arranged and syndicated by a group of multinational banks for a Philippine corporation." Portions of the fund would go to repaying another loan and support to DITO's network expansion to improve the telecom's speed in postpaid and 5G. DITO's average broadband speeds reaches 74.97 Mbps for $G while 5G receives 639.32 Mbps. Opensignal has posted their report for mobile network experience in the first quarter of 2023 for Globe, Smart, and DITO. This determines points such as fastest download speed, consistency, and experience with media. Smart also takes the award for fastest download speed experience for 5G and overall. It has a score of 25.3Mbps - 2.6Mbps which is faster than DITO's 22.8Mbps and 9.1Mbps ahead of Globe’s score of 16.2 Mbps. Smart's average 5G download speeds record to 133.2Mbps. Read more in our articles including "DITO Telecommunity signs PHP 221-billion long-term loan" and "Smart leads 5G in Philippines for Q1 2023 - Opensignal".
The telecom DITO Telecommunity has secured a USD 3.9-billion or PHP 2.21-billion loan and 15-year…
Sep 21, 2023
Opensignal, an independent analytics company for mobile network, has published their latest findings for the…
Apr 29, 2023
The Philippines remains among the slowest countries in transitioning away from 3G networks, with most…
Jun 2, 2026
Inflation is now (May 2026) at 7.2%, electricity rates at Php14.33/kWhr, and gas prices through…
May 28, 2026
Smart Communications, Inc. and TNT are providing free Facebook access through selected prepaid, home, and…
May 26, 2026
Globe introduced new AI, cloud, and connectivity products during its “The Blueprint” media briefing on…
May 26, 2026The telecom DITO Telecommunity has secured a USD 3.9-billion or PHP 2.21-billion loan and 15-year finance facility with a group of international banks. According to DITO CME, they have stated that this agreement may be "one of the largest long-term debt arranged and syndicated by a group of multinational banks for a Philippine corporation." Portions of the fund would go to repaying another loan and support to DITO's network expansion to improve the telecom's speed in postpaid and 5G.
DITO's average broadband speeds reaches 74.97 Mbps for $G while 5G receives 639.32 Mbps. Opensignal has posted their report for mobile network experience in the first quarter of 2023 for Globe, Smart, and DITO. This determines points such as fastest download speed, consistency, and experience with media.
Our coverage of DITO speed includes: "DITO Telecommunity signs PHP 221-billion long-term loan"; "Smart leads 5G in Philippines for Q1 2023 - Opensignal"; "PH among slowest countries in shift away from 3G". Each article provides unique insights and information.