Dito's entry was President Rodrigo Duterte's permanent solution to the Philippines' shoddy telco service that was put under more strain by a sudden shift to remote working and schooling during the health crisis. But officials from incumbents Globe Telecom Inc. and PLDT Inc. have said Dito is not a big threat to them at the moment. On Tuesday, shares in Dito gained 1.97% to close at P8.79 apiece.