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Dennis Uy steps down as DITO Tel chief exec

DITO CME Holdings Corp. announced on Wednesday that Dennis Uy was stepping down as chief executive officer (CEO) of the company's telecom subsidiary, DITO Telecommunity Corp., in a leadership revamp.

Uy will be replaced by Ernesto 'Eric' Alberto, the current DITO CME president, while the Davao-based businessman will remain as chairman of DITO Tel.