Converge ICT Solutions Inc. and real estate developer PRO-FRIENDS formally signed a memorandum of agreement that will allow the fixed broadband service provider to digitally empower various residential projects of the property developer in Cavite.
“Our agreement with PRO-FRIENDS will allow us to initially provide for the more than 20,000 households in Lancaster New City access to high speed but still affordable internet connection,” said Jesus Romero, Chief Operating Officer of Converge.
PRO-FRIENDS’ various developments in Cavite host more than 50,000 households, catering Converge with the market for future expansion.
“We welcome the entry of Converge into our communities. We are confident that with the help of Converge, our various residential projects will truly be modern and digitally-enabled communities,” said Shannon King, Strategic Business Unit Deputy Head of PRO-FRIENDS.
Romero of Converge mentioned that the company continues to partner with other real estate developers to make their projects smart communities. “Our goal is to help Filipinos bridge that digital divide and enable them to pursue their livelihood and passions as we adapt to the new normal brought about by the pandemic,” he stated.
Converge targets to connect around 15 million households by 2025, around 55% of the projected number of Filipino households by that time. The company has set aside more than PHP 30USD 0.51INR 43EUR 0.49CNY 4 billion to expand its broadband network nationwide. Furthermore, Converge is poised to further expand its fiber infrastructure network beyond Luzon and link the region to Visayas and Mindanao by the end of 2021.
You may visit the official Converge ICT website for more information.
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