Fiber internet firm to put up data center in Cebu | Inquirer News

Fiber internet firm to put up data center in Cebu

02:02 PM September 27, 2019

CLARK FREEPORT — Fiber internet and cable television company Converge ICT Solutions Inc. has laid out 1,800-kilometers of submarine cable from its data center in Luzon, enabling it to establish one in Cebu late this year.

Converge ICT president and chief executive officer Dennis Anthony Uy bared this in a forum of the Capampangan in Media Inc. here on Friday.

American private equity firm Warburg Pincus LLC recently signed an investment deal with Converge ICT to help it finance a US$1.8-billion nationwide internet backbone using fiber, than copper, for the high-speed Internet connection of households.

ADVERTISEMENT

As the firm’s subscribers rose to half a million households, Uy said he is rolling out three million ports next year.

Fiber, which is made up of manufactured glass, makes home-based Internet faster. Tonette Orejas/lzb

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Cebu, Philippine news updates

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.