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DITO CME Holdings Corp CEO, the Udenna Group’s information and communications technology (ICT) arm, Dennis Uy has stepped down as DITO Telecommunity CEO, announcing the appointment of Eric Alberto from DITO CME president to CEO of its subsidiary DITO Telecommunity.
Eric Alberto is now the DITO CEO while Dennis Uy remains DITO Tel’s chairman.
At the same time, DITO CME Chief Operating Officer Donald Patrick Lim has been named as the acting president of DITO CME.
DITO Tel recently obtained a USD3.9 billion long-term loan in order to “extinguish” its short-term borrowing facilities, pay contractors, and support ongoing network expansion plans.
What are your thoughts about this recent DITO Telecommunity news?