Digital Telecommunications Philippines
From Wikipedia, the free encyclopedia
| Digital Telecommunications Philippines | |
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| Type | Public (PSE: DGTL) |
| Founded | Manila, Philippines (1987) |
| Headquarters | Quezon City, Philippines |
| Key people | Ricardo J. Romulo, Chairman Lance L. Gokongwei, Jr., President and CEO |
| Industry | Communications Services |
| Products | Broadband Services Cellular Telephony Fixed-Line Telephony Information Technology Services |
| Revenue | P1.784 billion PHP (▼14%) (2004) [1] |
| Employees | 3,763 |
| Website | www.digitelone.com |
Digital Telecommunications Philippines (PSE: DGTL), commonly known as Digitel, is the second-largest fixed-line and the third-largest mobile telecommunications company in the Philippines. It is also the company that owns Sun Cellular, the Philippines's fastest-growing mobile phone service.
The company is owned by JG Summit Holdings, one of the country's largest conglomerates.
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[edit] History
Digital Telecommunications Phils., Inc. (Digitel) was established in October 1987 and commenced commercial operations in January 1992.
In 1993, Digitel was awarded a 30-year exclusive contract by the Department of Transportation and Communications (DOTC) to manage, operate, develop and rehabilitate certain telecommunications systems owned by the DOTC (collectively, the "DOTC System") and which are located in the provincial areas of Luzon under a Facilities Management Agreement (FMA). The FMA also provided for its conversion into a lease contract under certain terms and conditions agreed upon by both parties.
In accordance with the provisions of the FMA, Digitel and DOTC agreed to amend and convert the FMA into a Financial Lease Agreement (FLA). Under the FLA, Digitel was granted the exclusive right to lease, manage, maintain, operate, develop and eventually own the said DOTC facilities.
In February 1994, Digitel was granted a national franchise to provide domestic and international telecommunications services throughout the Philippines. In September 1994, Digitel was granted by the National Telecommunications Commission (NTC) a provisional authority to operate an international gateway facility (IGF). A provisional authority was also secured from the NTC in January 1995 to install, operate, maintain and develop telecommunications facilities in Regions 1 to 5 including the facilities currently leased from DOTC.
On August 7, 2000, Digitel was granted by the NTC a Provisional Authority (PA), authorizing it to construct, install, operate and maintain a Nationwide Cellular Mobile Telephone System (CMTS) using Global System for Mobile (GSM) and/or Code Division Multiple Access (CDMA) technology. Consequently, Digitel has been building a high-powered performance GSM/1800 network with a suite of applications and services.
On December 11, 2002, the President of the Philippines, Gloria Macapagal-Arroyo signed into law, Republic Act No. 9180 granting Digitel Mobile Philippines Inc. (DMPI), a wholly-owned subsidiary of Digitel, a franchise to construct, install, establish, operate and maintain wire and/or wireless telecommunications system throughout the Philippines.
In March 2003, DMPI commercially launched its wireless mobile services under the Sun Cellular brand. It pioneered the unprecedented 24/7 Call & Text Unlimited in October 2004, which propelled unparalleled growth in the wireless subscriber base giving the subscribers good value for their money.
[edit] Subsidiaries
Digitel is divided into the following subsidiaries:
- Digitel Capital Philippines Ltd
- Digitel Information Technology Services
- Digitel Mobile Philippines (Sun Cellular)
[edit] Products
Digitel's fixed line services are offered under the MANGO, Choice Plans, and DigiFonePal brands. Its cellular service is sold under the Sun Cellular brand, while its broadband Internet services are sold under the MANGO and NetVantage DSL brands.
[edit] Ownership
- JG Summit Holdings: 47.45%
- PCD Nominee Corporation: 18.24% (12.69% Filipino, 5.55% foreign)
- AB Capital Investment Corporation: 12.51%
- TeliaSonera: 9.44%
- Digitel executives: 1.21%
- Public stock: 11.15%
[edit] Competition
Digitel's main competitors in the fixed-line and mobile markets are PLDT (PLDT subsidiary Smart Communications in the mobile market) and Globe Telecom.
