Premier
pure fiber internet provider taps experienced industry partners to fast-track
nationwide rollout, eyes exponential growth with the aim to bring better
connectivity for the Philippines
Pasig City, Philippines | 8 August, 2018
— Converge ICT Solutions Inc. announced today that it has intensified efforts
to lay the groundwork for a nationwide rollout, seeking to provide its pure
fiber internet connectivity for more households and enterprises.
In a
strategic partnership with several local and foreign companies such as Korea
Telecoms, LSI-Fibernet Konstruk Corporation, and TE Connectivity Subcom,
Converge ICT Solutions shared its mission to fast-track the completion of its
massive, nationwide network rollout to the public. These efforts are sustained
as part of an ongoing campaign spearheaded by Converge to provide an advanced
and reliable backbone of internet connectivity for more Filipino households and
enterprises.
Chosen for
their wide-ranging technical expertise and extensive business portfolios in the
IT industry, Converge ICT Solutions´ new partners will help build and deploy
the infrastructures necessary to provide pure end-to-end fiber internet
connectivity at a nationwide scale. With the combined strength of its partners´
industry credentials and financial backings, Converge is taking bold steps
ahead of the curve, leading the way towards building and connecting the
Filipino people with better and more reliable internet infrastructures.
This vision
is something which Converge President and CEO Dennis Uy firmly believes would
serve as a catalyst for social and economic progress, helping everyone from
ordinary Filipino netizens trying to connect with loved ones from around the
world; to small and medium businesses trying to grow their ideas, as well
helping accelerate the Philippine government´s ongoing IT projects designed to
serve the Filipino people. With this in mind, Converge´s humble efforts seek to
help prepare, lift, and further open the Philippines to global competitiveness,
leveraging its unique and strategic position in the burgeoning Asian economy.
“We have
set our sights to bring the best internet connectivity by starting in Metro
Manila and some key provinces in Luzon. By going nationwide, we can do more
rollouts and more installations in other islands in the Philippines, helping
more people connect with one another through our infrastructure” Uy shared
passionately.
According
to Mr. Miles Tonn Chua, Chief Operating Officer of MetroWorks ICT Construction,
Inc. (a subsidiary of Converge ICT) the total flow of investments is estimated
at US$ 2 billion for the next 5 years. The rollout currently being executed has
the potential to reach more than 13 million of the 22 million households
nationwide, particularly the major islands situated in Visayas and Mindanao.
Chua shared that the project is a 5-year plan, and the network backbones are
targeted to be completed by 2021 but would be operational through different
phases to enable the project to become complete prior to 2021.
The
partnerships are slated to implement both Full Turn Key (FTK) and Semi-Turn Key
(STK) approaches, according to Chua. FTK entails an end-to-end approach, which
includes supply for imported materials and provides services up to acceptance.
The STK approach, on the other hand, is where the Converge Group provides
owner-supplied materials, an approach that is practical especially for
demographics which include National Capital
Region. The partnership is currently both in ongoing implementation and final
negotiation stages.
“With more
projects to be completed, it will certainly contribute to the growth of
Converge ICT, which is expected to be exponential,” adds Chua.
Chua also
bared that they are looking to enter into more partnerships in the future to
further improve its service offerings. “What the public is experiencing now as
the best internet service, they can also expect that same kind in the next year
or two.” the Converge COO shared.
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