Duterte Threatens to Shut Down Globe, Smart By Aika Rey, Rappler.com July 27, 2020 In his 5th State of the Nation Address on Monday, July 27, President Rodrigo Duterte threatened to close down telco giants Globe Telecom and Smart Communications, unless their services improve by December. Duterte talked about taking public utilities – "whether it [...]
Google, Facebook to Activate Undersea Web Cable, Excluding China and Hong Kong By Joel Khalili, TechRadar February 7, 2020 Google and Facebook have filed to activate the Pacific Light Cable Network (PLCN) between the US, the Philippines and Taiwan. The submarine internet cable network, announced in 2016, was originally billed as the first to connect [...]
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, [...]
