Converge invests $4.84M in Digitel Crossing, $2.66M in Asia Netcom
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 Digita...
Source: bworldonline.com