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June 4, 2021
Fiber broadband provider Converge ICT Solutions Inc is acquiring the stake of PLDT unit Digital Telecommunications Philippines (Digitel) in two firms involved in cable landing stations in the Philippines.
June 4, 2021
Converge buys Digitel's stake in cable landing operator
June 4, 2021
BusinessWorld June 4, 2021 | 12:08 am LISTED fiber broadband provider Converge ICT Solutions, Inc. announced on Thursday that it had acquired shares in cable landing stations operator Digitel Crossing, Inc. and Asia Netcom Philippines Corp. that owns the land assets where the East Asia Crossing (EAC) cable landing is located for $4.84 million and $2.66 million, respectively. In a disclosure to the stock exchange, Converge said it entered into a deed of absolute sale of shares wi...