DITO group eyes P4.2 billion from follow-on offer to boost telecom unit

MANILA, Philippines — DITO CME Holdings Corp. intends to raise about P4.2 billion from a proposed follow-on offering, proceeds from which will fund the expansion of its telecommunication business at a time when demand for connectivity is rising due to accelerated digitalization. In a disclosure on Friday, the parent company of DITO Telecommunity (DITO Tel)
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