DITO Telecommunication is a well-known name among Filipinos in the world of telecommunications.It is one of the country’s major telco companies, which is growing rapidly and gaining attention. With its growth, people raise a question: Is DITO a Chinese Company? To answer this question, we need to study about company in depth, like who owns it and from which country it belongs and many more. So, without wasting time, let’s have a look at all these factors.
Is DITO Filipino or Chinese?
Chinese and Filipinos both contribute to DITO Telecom, but it’s not clear whether it’s a Chinese company or a Filipino company. Before concluding this question, let’s discuss some important aspects;
- The Company is based in the Philippines.
- It is registered according to the Philippines Law.
- Udenna Corporation is a local company that owns 60% of DITO.
- Chinese Telecom owns 40% of DITO.
From these aspects, we say that DITO is legally a Philippine company, but it’s not 100% Filipino. It’s a joint venture or partnership of both Chinese and Filipinos. DITO is a Filipino company with strong Chinese support. This support includes funding, technology, and network development, etc.
Who Owns DITO?
DITO Telecommunications is a combined project of two companies. These companies are;
- Udenna Corporation – A Filipino Businessman, Dennis Uy owns this company.
- China Telecom – The Chinese Government owns this large telecommunication company.
The partnership between Undenna and China Telecom is 60% and 40%, which indicates that the Filipino business owns the majority of the company. They also follow the rules of the Filipino Government, which mentions that the foreign company cannot own more than 40% of public utility companies like Telecom. DITO is also one of those who follow the rules. The DITO registration complete guide is given here.
Why are people concerned?
Many Filipinos are worried about the DITO connections with a Chinese Company. The main reasons for their concern are listed below;
- Data Privacy – People are very concerned about their data privacy, and they are worried Will the Chinese have access to personal data through DITO?
- National Security –Many Filipinos are afraid and think, Could DITO be used to spy on government or military communication?
- Foreign Influence – Will China have too much power over an important Philippine company?
All of you are right, and your concerns are valid, but don’t worry Government verifies all their operations and ensures that everything is safe and legal. Besides this, DITO also ensures that it follows all the laws, rules and regulations of the Philippines.
Many of the Philippine residents are confused about DITO whether it’s a Filipino company or a Chinese Company. So our discussion concluded that it is legally a Filipino company that is supported by China. All the concerns of Filipinos are resolved by the DITO and Government so don’t worry about anything.