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 [...]
US-China Submarine Cable Row Worries DICT By Miguel R. Camus, Inquirer August 30, 2019 The government’s plan to provide fast and inexpensive internet to millions of Filipinos is under threat after a report saying the United States may block a massive US-China submarine cable that will have branches in the Philippines emerged. The Department of [...]
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, [...]
China Telecom PH-HK cable link eyed By Miguel R. Camus, Inquirer.net November 21, 2018 China Telecom, the state-run firm that joined the consortium that won the Duterte administration’s third telco initiative, announced a plan to build a submarine cable to the Philippines as part of an offer to improve the quality of internet services and [...]