Converge goes international, to provide connectivity services in Singapore

CEBU CITY – Converge Information and Communications Technology Solutions, Inc. (PSE: CNVRG) received the greenlight to provide international connectivity services in Singapore through its wholly-owned subsidiary, Converge ICT Singapore Pte. Ltd. (Converge SG) to further strengthen its fast-growing international wholesale business.

Effective January 3, 2023, Converge SG can start deploying telecommunications infrastructure and provide connectivity services and fiber optic cable capacity to wholesale and enterprise customers in the Southeast Asian city state.

The Infocomm Media Development Authority (IMDA), a statutory board under the Singapore Ministry of Communications and Information, in its grant letter said that the authority has approved the application of Converge SG for a Facilities-Based Operations (FBO) License.

“The grant of an FBO license to our Singapore unit significantly bolsters the ability of the Converge Group to sell international wholesale connectivity and capacity services, as we can now directly service clients in Singapore to cater their growing needs for intra-Asia and Trans-Pacific connectivity requirements,” Converge CEO and Converge SG Director Dennis Anthony Uy said.

Through this license, Converge will have the right to provide international connectivity services in Singapore including Ethernet-International Private Line (E-IPL) service, Dedicated Internet Access (DIA) service, Carrier Ethernet Network service, Internet Protocol Virtual Private Network (IP-VPN) services using Multiprotocol Label Switching (MPLS), and sale and resale of submarine cable capacities.

In 2021, Converge announced the incorporation of Converge SG, which was aimed at marketing and selling its international cable capacity to carriers, ISPs, and telcos operating and having a presence in Singapore.

Converge highlighted that the establishment of its subsidiary in Singapore indicates its position that Wholesale will continuously be an important driver for its Enterprise business. During its third-quarter performance report last year, the Wholesale segment of Converge grew 52 percent, as it increasingly monetizes capacity on its domestic and international fiber network. (Photos: Converge FB)