{"id":233634,"date":"2019-10-06T08:13:42","date_gmt":"2019-10-06T12:13:42","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=233634"},"modified":"2019-10-06T08:13:42","modified_gmt":"2019-10-06T12:13:42","slug":"converge-to-roll-out-fast-fiber-internet-connection-in-cebu","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2019\/10\/06\/converge-to-roll-out-fast-fiber-internet-connection-in-cebu\/","title":{"rendered":"Converge to roll out fast fiber internet connection in Cebu"},"content":{"rendered":"
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FILE: FIBER INTERNET. Converge ICT Solutions president and CEO Dennis Uy (right) emphasizes a point to Cebu City Mayor Edgardo Labella (left) during the former’s visit to the Office of the Mayor on Thursday (Oct. 3, 2019). Converge is rolling out a fast fiber internet project in Cebu using fiber optic technology. (PNA photo by John Rey Saavedra)<\/figcaption><\/figure>\n

CEBU CITY<\/strong>\u00a0— A major fiber optic technology provider in the country is confident that it could bring Cebu\u2019s broadband speed to a different level, as the firm readies to roll out its \u201cfastest fiber internet project\u201d to serve homes and small businesses in the province.<\/p>\n

Dennis Anthony Uy, president and CEO of Converge ICT Solutions, visited Cebu before the weekend to supervise the implementation of their fiber connection technology, seen to change the internet speed race in the metropolitan area.<\/p>\n

Jake Diango, Visayas area head of Converge, said Friday their firm has seen a huge fiber-optic connection market in Cebu.<\/p>\n

\u201cThere is great potential for Cebu. Cebu is underserved in terms of fiber optic connection. We are rolling out our new technology,\u201d Diango told the Philippine News Agency (PNA) in an interview, adding that the current internet connection here relies on the \u201cold\u201d technology.<\/p>\n

\u201cIt will bring the broadband market into a different level,\u201d Diango said, adding that Converge\u2019s fiber optic connection serves up to 500 mbps for PHP1,500.<\/p>\n

Uy, during his visit to the Cebu City Hall Thursday afternoon, disclosed that their firm has begun laying submarine cables to power their fiber optic connections in Cebu.<\/p>\n

In September, Uy said the firm got a USD250 million (PHP12.8 billion) investment from the US-based Warburg Pincus, one of the world\u2019s biggest private equity firms, to help them roll out infrastructure as it aims to capture 30 percent of the country\u2019s broadband market in the coming years.<\/p>\n

Uy said Cebu will be among the major beneficiaries of the investment they got from Warburg Pincus through its two-pronged submarine cable project converging in the metropolitan area.<\/p>\n

Michael Maquiran, head of Converge\u2019s national consumer and SME sales, said the firm is profiling the internet market of Cebu\u2019s metropolitan area.<\/p>\n

\u201cWe are currently in the middle of surveying on the areas, the highly populated ones. We (are now) identifying the towns and cities (for the project). We have to check on the technical capabilities, the terrain, and many other factors. But our main objective is really to roll as much number of homes, small businesses and enterprises for the entire island of Cebu,\u201d Maquiran told PNA.<\/p>\n

He said Converge \u201cwill be serving broadband fiber to the homes\u201d, but will not be competing with the wireless and the wired networks of other telcos.<\/p>\n

Maquiran said they will roll out purely fiber internet connection. \u201cWe are going to be roaming (with) our first on areas where they are not there,\u201d he added.<\/p>\n

Converge is a National Telecommunications Commission (NTC)-licensed, congressional franchised, nationwide telecommunications and information and communications technology company based in Clark, Pampanga. It has 19 years of experience in providing reliable and quality ICT and broadcast solutions using pure fiber-optic technology.<\/p>\n","protected":false},"excerpt":{"rendered":"

CEBU CITY\u00a0— A major fiber optic technology provider in the country is confident that it could bring Cebu\u2019s broadband speed …<\/p>\n","protected":false},"author":44,"featured_media":233635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-233634","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-john-rey-saavedra","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/233634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=233634"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/233634\/revisions"}],"predecessor-version":[{"id":233636,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/233634\/revisions\/233636"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/233635"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=233634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=233634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=233634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}