C01630-2021

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Mar 12, 2021
2. SEC Identification Number
808
3. BIR Tax Identification No.
000-162-935
4. Exact name of issuer as specified in its charter
DITO CME HOLDINGS CORP.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
21st Floor Udenna Tower, Rizal Drive corner 4th Avenue, Bonifacio Global City, Taguig City Postal Code 1634
8. Issuer's telephone number, including area code
63284034007
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares 2,800,000,000
11. Indicate the item numbers reported herein
Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

DITO CME Holdings Corp.DITO

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Clarification of news article entitled "Dito sees profitability in 5 years"

Source philSTAR.com
Subject of News Report Dito sees profitability in 5 years
Date of Publication Mar 12, 2021
Clarification of News Report

We write in connection with the request for clarification pertaining to the news article entitled “Dito sees profitability in 5 years” posted in philSTAR.com on March 12, 2021. The article reported in part that:

“MANILA, Philippines — New telco player Dito Telecommunity expects to be profitable in five years as it seeks to capture a significant share of the market by then.

Dito chief administrative officer Adel Tamano in Senate committee on public services hearing yesterday said the telco newcomer owned by the group of Davao-based businessman Dennis Uy and state owned China Telecommunications should generate positive EBITDA in three years, and achieve ‘true profitability’ in five years.

‘In terms of EBITDA, we would already be positive by the third year of operations and by the fifth year, we would have paid off our loans and have achieved true profitability,’ Tamano said.

. . . .

Tamano said the company’s services should reach Metro Manila by May or June.

‘Our end goal is to have at least more than 30 percent market share,’ he said.

Dito is eyeing to introduce its fixed broadband services to home users in the next two years.

. . . .”

Based on information relayed to us by Dito Telecommunity Corp. (“Dito Tel”), we confirm the statements made by its Dito Tel’s chief administrative officer that (i) in terms of EBITDA, Dito Tel will be positive by the 3rd year of operations; (ii) by the 5th year, Dito Tel would have paid off loans and achieved profitability; (iii) Dito shall roll out its services in Metro Manila by May or June; and (iv) Dito's end goal is to have 30% market share. Also, Dito Tel confirmed that it is eyeing to introduce fixed broadband services to home users in the next 2 years.

Other Relevant Information

None

Filed on behalf by:
Name Leandro Abarquez
Designation Corporate Legal Counsel