Converge ICT Gets $250-M From US Equity Firm

Converge ICT Gets $250-M Investment From US Equity Firm Warburg Pincus By GMA News Online September 24, 2019 Fiber internet service provider Converge ICT has received a $250-million investment from US-based private equity Warburg Pincus to finance a nationwide expansion. The investment of roughly P12.8 billion finance Converge ICT’s roll out of more fiber connection [...]

2019-09-24T10:09:53-04:00September 24th, 2019|Categories: State of the Industry|Tags: , , , , , , , , |

Converge ICT to Finish Vis-Min Submarine Cable Backbone by 2021

Converge ICT to Finish Vis-Min Submarine Cable Backbone by 2021 By Ted Cordero, GMA News July 4, 2019 Broadband company Converge ICT Solutions Inc. is eyeing to finish the construction of a submarine fiber optic cable backbone in the Visayas and Mindanao by 2021 as part of the initiative to expand its fixed broadband service [...]

2019-07-05T12:05:17-04:00July 5th, 2019|Categories: Future Systems|Tags: , , , , , , |

Huawei, SubCom Vie for Cable Deal

Huawei, US Firm Vie for Cable Deal Miguel R. Camus, Inquirer.net May 28, 2019 China’s Huawei Technologies and US submarine cable firm SubCom are facing off for a strategic undersea internet cable project of Converge ICT, an aggressive player in the Philippines’ fixed-broadband sector. Miles Tonn Chua, chief operating officer of Converge subsidiary Metro Works, [...]

AAG Damaged Between Hong Kong And Philippines

Damaged AAG Submarine Cable Cable To Result To Slower Internet Speeds By Patrick Cañete, NoypiGeeks May 2, 2018 Back in September of last year, undersea internet cables were damaged due to numerous typhoons. And this time, it happened again. For those who are unfamiliar, undersea cables are what connects different countries via the internet. A [...]

2018-05-02T10:28:51-04:00May 2nd, 2018|Categories: Cable Faults & Maintenance|Tags: , , , , |