CONVERGE ICT SOLUTIONS, Inc. said the Bifrost Cable System has reached the Philippines following its landing in Davao.
“Since we’ve announced this project, we’ve seen overwhelming demand from carriers and web service providers (ISPs) searching for to buy capability,” Converge Chief Executive Officer Dennis Anthony H. Uy said in a media release on Thursday.
The Bifrost Cable System is a trans-Pacific cable system that connects Singapore, Indonesia, the Philippines, and the USA.
The system also enables ultra-low latency and high-capacity bandwidth amid the growing digital economy, it said.
This development is anticipated to advance the country’s digital transformation and global connectivity, Converge said, noting that the corporate will now provide direct access to some of the advanced international subsea cable systems.
“This milestone is greater than a technological achievement — it’s a national enabler. With this critical infrastructure in place, we are usually not only enabling digital transformation but additionally creating recent trade pathways and opportunities for the Philippines,” Mr. Uy said.
The expected industrial operations of the Bifrost Cable System are also seen to draw hyperscalers, data centers, and enterprise clients, and to offer secure and scalable international gateway access to North America and other regional hubs.
“This upgrade will empower businesses, financial institutions, tech corporations, and the general public sector to tap right into a world-class infrastructure backbone that meets the demands of next-generation applications and global e-commerce,” Converge said.
Once the 20,000-kilometer (km) Bifrost Cable System is fully operational, Converge will likely be the exclusive Philippine partner operating the international cable landing station in Davao and can help position the country as a digital hub in Asia, Mr. Uy said.
Converge operates about 862,000 kilometers of fiber optic assets nationwide. The corporate also serves as a partner in international subsea cable systems akin to the Bifrost and SEA-H2X, which aim to spice up trans-Pacific and intra-Asia connectivity.
On the stock exchange on Thursday, shares in the corporate fell by 24 centavos, or 1.32%, to shut at P17.96 apiece. — Ashley Erika O. Jose