<\/p>\n
CONVERGE ICT Solutions, Inc. said its plan to carve out fiber assets right into a recent unit stays under review as the corporate continues to observe industry developments.<\/span><\/p>\n \u201cIt continues to be on the study table. It takes some time because you must make the whole lot available including network sizing, automation and the whole lot, the back end also needs to be ready,\u201d Converge ICT Chief Executive Officer Dennis Anthony H. Uy told reporters on the sidelines of the corporate\u2019s data center inauguration on March 20.<\/p>\n He said the plan might be useful if implemented alongside the Konektadong Pinoy Act, which emphasizes infrastructure sharing.<\/p>\n \u201cMaganda na sabay yan sa<\/i> Konektadong Pinoy (It\u2019s good that this goes hand in hand with the Konektadong Pinoy Act). The rationale why you arrange KP (Konektadong Pinoy) is sharing the infrastructure,\u201d Mr. Uy said.<\/p>\n Converge said last yr that it was studying the creation of a brand new unit for infrastructure co\u2011sharing, noting that its decision would likely depend upon the foundations under the Konektadong Pinoy Act.<\/span><\/p>\n Bloomberg previously reported that Converge plans to spin off its fiber business, valued at around $1 billion, and sell a few 40% stake in the brand new unit.<\/p>\n The Konektadong Pinoy Act, or the Open Access in Data Transmission Act, streamlines the licensing process for brand spanking new entrants and goals to spice up competition in data transmission.<\/p>\n The measure, which lapsed into law on Aug. 24, 2025, relaxes regulations to favor more entrants in the info transmission industry.<\/p>\n For 2026, the corporate set a capital expenditure (capex) guidance of P18 billion to P23 billion, following a 2025 period through which it used P17.7 billion in money capex, despite an original budget of P25 billion.<\/p>\n The 2026 budget is primarily allocated for a network expansion program targeting the installation of 900,000 recent ports within the Visayas and Mindanao regions, alongside investments to enhance network reliability.<\/p>\n Mr. Uy noted that Converge is seeing rising demand from prepaid users in distant areas, which the corporate goals to capture because it expands its reach.<\/span><\/p>\n The listed fiber broadband and technology provider launched its P5-billion, 12-megawatt (MW) data center in Angeles, Pampanga last month.<\/p>\n Overall, the corporate has a complete data center capability of about 20 MW, including its Caloocan and Pasig facilities.<\/p>\n The Angeles data center, which sits on a 5,000-square-meter property, is scalable to 36 MW and is artificial intelligence-ready to satisfy growing demand for content and cloud services.<\/p>\n Converge can be strengthening its network by integrating the transpacific link Bifrost and the intra-Asia SEA-H2X cable system into its operations. \u2014 Ashley Erika O. Jose<\/b><\/span><\/p>\n<\/p><\/div>\n <\/p>\n","protected":false},"excerpt":{"rendered":" ONVERGE ICT SOLUTIONS, INC. CONVERGE ICT Solutions, Inc. said its plan to carve out fiber assets right into a recent unit stays under review as the corporate continues to observe industry developments. \u201cIt continues to be on the study table. It takes some time because you must make the whole lot available including network sizing, […]<\/p>\n","protected":false},"author":1,"featured_media":314312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[2750,2383,7942,1239,3919,1064,1283],"class_list":["post-314311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-converge","tag-create","tag-fiber","tag-plan","tag-reviews","tag-separate","tag-unit"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/314311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=314311"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/314311\/revisions"}],"predecessor-version":[{"id":314314,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/314311\/revisions\/314314"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/314312"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=314311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=314311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=314311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}