August 13, 2021

In the SME sector, telco expects a rise in demand for fiber connections

Converge ICT Solutions Inc. said on Thursday that the first stages of its domestic subsea cable network to the Visayas and Mindanao regions have been completed, delivering better internet access to the barangay level.

Converge’s SME client base increased substantially in the second quarter of the year, owing to new product releases and better sales and marketing efforts, as the small and medium business (SME) sector showed signs of revival.

In a virtual media briefing on Thursday, Converge chief executive officer Dennis Anthony Uy said, “This was a pleasant surprise to us because we are really just focused on delivering our commitment to reach the underserved and unserved areas in the country with world-class pure fiber broadband connectivity.”

According to Uy, approximately 11,800 kilometers of fiber optic cable were installed in the April-June period, bringing the firm’s backbone and distribution network to over 76,500 kilometers, up from around 64,600 kilometers in the previous quarter.

Converge’s fiber backbone has reached 80,500 kilometers by July 2021, he added.

During the second quarter of 2021, the telecommunications company was able to expand its coverage to an additional 53 cities and municipalities, expanding its services to new provinces like Ilocos Norte, Cebu, and Davao, among others, thanks to the network expansion.

Cebu and Davao have been designated as centers of excellence for the development of the information technology and business process management (IT-BPM) industry by the Information Technology and Business Process Association of the Philippines and the Department of Science and Technology-Information and Communications Technology Office.

The company’s network has already covered over 400 cities and municipalities throughout the country as of June 30, 2021.

According to Uy, the telecommunications firm has already signed up thousands of customers and formed relationships with SME clients in the Philippines.

Converge is also planning to build a data center in Cebu to meet the growing demand for data in Visayas and Mindanao as part of its ambitious development in the Philippines’ central and southern regions.

The opening of a new state-of-the-art data center in Cebu supports the Department of Information and Communications Technology’s recently unveiled strategic framework for the country’s full and inclusive participation in the global digital economy, dubbed CHIP (Connect, Harness, Innovate, and Protect), which will also serve as the driving force behind the Philippines’ digital transformation.

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