DITO SERVED NOTICE OF BREACH BY PLDT FOR NON-PAYMENT OF PhP429.7 M IN SERVICE FEES
In a disclosure to the Philippine Stock Exchange (PSE) on October 6, 2022, PLDT Inc. informed the PSE that it had, on the same date, sent DITO Telecommunity Corporation (DITO) a Notice of Material Breach and Demand for Payment as a result of DITO’s refusal to pay Php429,726,315.79 for contracted services which PLDT has fully performed and delivered to DITO.