PLDT Invests P7 Billion for New Trans-Pacific Cable to US, Japan By Ted Cordero, GMA News October 23, 2019 Telecommunications giant PLDT Inc. is investing $136.7 million or P7 billion in a trans-Pacific cable system linking to the US and Japan. In a statement on Wednesday, PLDT said the telco has finalized the technical and [...]
The Philippines’ ICT Sector Investments Reach All-Time High By Teresa Umali October 8, 2019 The Information and Communications Technology (ICT) sector became the top investment contributor in the Philippines with an outstanding increase from PHP 340 million (US$ 6.6 million) last year to PHP 308.8 billion (US$ 6 billion). According to a recent press release, [...]
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 [...]
PLDT to Build Two New International Submarine Cables As Data Use Booms By Lorenz S. Marasigan, BusinessMirror September 9, 2019 DIGITAL services provider PLDT Inc. plans to build two new international submarine cables to further beef up its global cabling capacity, as it anticipates the boom in data usage in the Philippines to persist over [...]
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 [...]
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 [...]
Globe Services in Visayas and Mindanao Interrupted Due to Cut Submarine Cables By Rappler.com June 4, 2019 CEBU CITY, Philippines – Cut submarine cables prompted service interruptions for Globe customers across the Visayas and Mindanao, according to an advisory issued by the telecommunications company on Tuesday, June 4. "Between 1-2 pm today, the Globe network [...]
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 [...]
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 [...]
