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.