2 weeks China firm’s 40 percent stake in Dito ‘immaterial’ in fears for PH national security—Lorenzana Inquirer
MANILA, Philippines--Defense Secretary Delfin Lorenzana on Monday (Oct. 12) again played down national security concerns over the involvement of a Chinese state company in the Philippines' so-called third telco, Dito Telecommunity Corp, saying it was "immaterial." At a Senate budget hearing, Lorenzana said the 40 percent stake of China Telecom in Dito Telco doesn't make Dito Chinese-owned. Dito, said Lorenzana, is owned by Filipinos and he believed that it won't be Chinese citizens who would build Dito towers inside military camps. "I think it's immaterial if the investor is Chinese or not," the head of the Department of Defense (DND) ... more