"Punongbayan & Araullo Grant Thornton underscored #Dito CME’s liabilities in 2022, including exceeding its current assets by P196.6 billion, comprehensive losses reaching P25.6 billion, and capital deficiency hitting P27.9 billion, as conditions that indicate the 'existence of a material uncertainty that may cast significant doubt on the ability of the Group to continue as a going concern.' " #TelecomPH #GlobePH #SmartPH

Breaking up the #Philippines' telco #duopoly
https://www.rappler.com/business/breaking-philippines-telecommunications-duopoly/