BusinessWorld
May 28, 2021 | 12:08 am
CONVERGE ICT Solutions, Inc. has entered into “definitive agreements” with Keppel Midgard Holdings Pte. Ltd., a wholly owned subsidiary of Singapore’s Keppel Telecommunications & Transportation, for a transpacific cable system project.
“The agreements provide for the grant of an Indefeasible Right of Use (IRU) to Converge for one fiber pair on the main trunk of Bifrost Cable System,” Converge and Keppel said in a joint statement on Thursday.
The two parties also agreed to develop a branch on the Bifrost Cable System “that will land in Davao, Philippines, with Converge also being granted an IRU on the entire Davao branch.”
Keppel Telecommunications & Transportation’s (Keppel T&T) wholly-owned subsidiary, Keppel Midgard Holdings Pte. Ltd. (KMH), and Converge ICT Solutions Inc. have virtually signed definitive agreements for the latter's P5 billion investment in the Bifrost Cable System linking Singapore to Nort
Fiber internet service provider Converge ICT Solutions Inc. on Thursday said it entered into “definitive agreements” with Singapore-based Keppel Telecommunications & Transportation (Keppel T&T) for its participation in the Bifrost Cable System project.
SunStar
+ May 27, 2021 ANGELES CITY Keppel Midgard Holdings Pte. Ltd. (KMH) and leading Philippine internet service provider Converge ICT Solutions Inc., held an online signing ceremony to enter into the definitive agreements for the participation of Converge in the Bifrost Cable System project.
The Bifrost Cable System will directly connect Singapore to the west coast of North America.
KMH is a wholly-owned subsidiary of Keppel Telecommunications & Transportation (Keppel T&T).
Signed by Keppel T&T Chief Executive Officer Thomas Pang and Converge CEO Dennis Anthony Uy, the agreements provide for the grant of an Indefeasible Right of Use (IRU) to Converge for one fiber pair on the main trunk of Bifrost Cable System.
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