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.
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 with Digital Telecommunications Phils., Inc. for the acquisition of 10,000,000 common shares in Digital Crossing, which maintains and operates the cable landing stations in the Philippines for EAC and C2C (City-to-City) cable systems.
SunStar January 11, 2021 A BETTER mobile experience awaits Sun subscribers as Smart Communications Inc. (Smart), wireless arm of the country’s largest and only integrated telco PLDT, completes the rebrand of Sun Prepaid to Smart Prepaid.
Customers are also retaining their existing Sun numbers while having access to expanded retail and customer care channels, data-packed Giga offers alongside existing select Sun Top-up offers and a wider array of perks and rewards.
It is the same Sun that people love made even better.
Following this development, millions of Sun Prepaid subscribers are now Smart Prepaid subscribers and can now enjoy Giga bundles such as Giga Video, Giga Stories and Giga Games, which include generous data allocations that cater to customers various lifestyle needs and passions.