Converge issued clarifications on the possible partnership with SpaceX for Starlink satellite internet service, in response to news reports published by the Philippine Daily Inquirer and Bilyonaryo, over the weekend.
In a letter sent to the SEC, Converge said that the company is always looking for new technologies to bring high-speed internet services to the broadest number of Filipinos.
The company also said that the latest satellite technologies, including that of Space Exploration Technologies Corp. (SpaceX), are among the new technologies being explored by Converge to bring high-speed broadband to far-flung areas in the country.
However, Converge said that it is still very premature to talk about a possible partnership between Converge and SpaceX at this stage.
See full letter below:
CLARIFICATION OF NEWS REPORTS
This refers to the news reports, “Musk’s SpaceX, Uy’s Converge ICT in talks for PH broadband satellite venture” by the Philippine Daily Inquirer and “Super fiber friends! SpaceX’s Elon Musk ties up with Converge’s Dennis Anthony Uy broadband deal” by Bilyonaryo, published over the weekend.
Converge Information Communications Technology Solutions Inc. (PSE: CNVRG) wishes to clarify that the Company is always looking for new technologies to bring high-speed internet services to the broadest number of Filipinos.
The latest satellite technologies, including that of Space Exploration Technologies Corp. (SpaceX), are among those new technologies being explored by Converge to bring highspeed broadband to far-flung areas in the country.
However, it is still very premature to talk about a possible partnership between Converge and SpaceX at this stage as suggested in the abovementioned news reports.
Converge assures the Exchange and its investors that it will promptly make the necessary disclosures should there be any material developments in its exploratory talks with possible partners.
ayusin muna nila and SHIT customer service nila ang communications nila, flow of communications from support to management is missing and support to sub-con ground teams are also missing. dumb company. I hope they close down they are just stealing money. wala namang service. some people here are paying every month even if the internet is not working.