Sky Cable gets boost from Converge tieup

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BROADBAND firm Sky Cable Corp. has teamed up with Converge Information and Communications Technology Solutions to further enhance its network and deliver better services to subscribers.

“Converge has built a superior state-of-the-art fiber network nationwide that Sky customers will soon experience,” Sky Cable Chairman Mark Lopez said.

Sky President and Chief Operations Officer Claudia Suarez said the collaboration with Converge would support Sky Cable’s transformation plan.

“Through the arrangement with Converge, we expect Sky and its subscribers to benefit from the world-class fiber network that Converge has built over the last few years,” she added.

Converge President and Co-founder Maria Grace Uy, meanwhile, said the partnership would enable Converge to maximize its network and increase port utilization.

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“This will be a revenue boost for Converge consistent with similar arrangements with other players as we are able to continue to monetize further our excess network capacity,” she said.

Converge claims to have the largest fiber-to-the-home (FTTH) network in the Philippines, with over 8 million ports and a fiber footprint extending over 700,000 kilometers, reaching 16 million Filipino homes nationwide.

“…I’m really excited that we are able to help Sky, the leader in the cable business, in its own transformation program by providing them with the latest optical fiber technology,” said Dennis Anthony Uy, Converge CEO and co-founder.

Converge’s shares fell by eight centavos, or 0.71 percent, to P11.12 apiece on Monday.

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