"We are really not yet close with the agreement because I think they have priority doing some American area, Canada, that part," said Converge CEO Dennis Anthony Uy. Converge said it may take up another year and a half to finalize a deal. Despite this, the company is already preparing for satellite service by and looking at 6 to 7 stations to deliver the technology in the country.
Uy said Converge is currently focused on expanding its local fixed broadband business with a commercial rollout in Visayas and Mindanao set in the second half of 2019. "The take-up in the market is quite strong. Usually our rule of thumb, the take-up is almost 30 percent of the ports of rollout."
Source: Tech Daily Report (techdailyreport.net)
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