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Dito Telecommunity Corp. has awarded the Udenna Group a P10 billion contract to develop telecommunications towers and deploy fiber optic cables for its telecommunications network, which is expected to be commercially available in March 2021.
Udenna Infrastructure Corp. (UIC) COO Jomel Fuentes said his group has partnered with FutureNet and Technology Corp. for the implementation of the billion-dollar infrastructure development program. Under their master service agreement, the partners will build 1,500 telecommunications towers and lay more than 1,400 kilometers of fiber optic cables in the next two years.
“Needing local expertise and background infrastructure expertise, Dito Telecommunity Corp. hired UIC to assist in the deployment of cell towers and fiber optic cables,” he said.
Dito is preparing to meet the March 2021 deadline for its commercial launch.
“The agreement with FutureNet and Dito is a milestone for UIC as we come together to ensure we maximize and build on our strengths as individual companies and as a group, all for the success of the March 2021 launch of Dito Telecommunity,” Fuentes said. .
Dito committed to spending P150 billion in his first year to set up his network. The figure corresponds to both construction and operating costs. Dito’s five-year commitment involves a P257 billion investment that will result in 84 percent nationwide coverage with a minimum internet speed of 55 Mbps.
