Dito Telecommunity Corporation, also known as Dito, is a new player in the Philippine telecommunications industry. Since its launch in March 2021, Dito has been expanding its network infrastructure across the country to provide high-speed internet and mobile services to Filipinos.
One of the key components of Dito`s network expansion is its cell tower construction and lease agreements. In the Philippines, cell tower lease agreements are essential for telecom companies like Dito to establish their networks. These agreements provide Dito with the necessary land and infrastructure to install their cell towers, allowing them to deliver their services to more people.
Under the National Telecommunications Commission (NTC) rules, a cell tower can be constructed only on private land with the approval of the landowner. The landowner can be an individual, a corporation, or even a government entity. Dito has been actively reaching out to landowners in various locations across the Philippines to secure lease agreements for their cell tower installation.
A Dito cell tower lease agreement typically involves the following terms:
1. Rent Payment: Dito pays a monthly rent to the landowner for the use of the land and installation of the cell tower. The amount of rent may vary based on the location, size, and other factors.
2. Duration of Lease: Dito and the landowner agree on the duration of the lease, which can be anywhere from 5 to 25 years. The lease period can be extended or renewed upon mutual agreement.
3. Site Maintenance: Dito is responsible for the maintenance and repair of the cell tower and any associated infrastructure, such as the fence and access road.
4. Access to the Site: The landowner grants Dito access to the site for the purpose of installation, maintenance, and repair of the cell tower and associated equipment.
5. Termination Clause: The lease agreement may contain a termination clause that allows either party to terminate the agreement under certain conditions, such as non-payment of rent, breach of contract, or changes in regulatory policies.
Dito`s network expansion is expected to generate significant economic benefits for the Philippines, including job creation and increased investment in the telecom sector. With its advanced technology and competitive pricing, Dito is poised to challenge the dominance of the two major telecom players in the country.
In conclusion, Dito`s cell tower lease agreements are essential for its network expansion in the Philippines. These agreements provide Dito with the necessary land and infrastructure to install their cell towers, allowing them to deliver their services to more people. As Dito continues to expand its network, it is expected to bring significant benefits to the Philippines in terms of economic growth and improved connectivity.