Converge subsidiary gets Singapore operations license - BusinessWorld Online

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Converge subsidiary gets Singapore operations license - BusinessWorld Online
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CONVERGE ICT Solutions, Inc. has secured regulatory approval to provide international connectivity services in Singapore as the listed fiber internet service provider moves to expand its international wholesale business.

In a stock exchange disclosure on Wednesday, Converge said the Singapore government’s Infocomm Media Development Authority had approved the application of the firm’s subsidiary Converge ICT Singapore Pte. Ltd. for a facilities-based operations license.

With the approved license, Converge gains the rights to provide international connectivity services in Singapore as well as ethernet-international private line service, dedicated internet access service, carrier ethernet network service, internet protocol virtual private network services using multiprotocol label switching, and sale and resale of submarine cable capacities.

Dennis Anthony H. Uy, Converge chief executive officer and Converge SG director, said that the approval expands the company’s client reach. The Converge international network sustains expansion plans with its participation in the Bifrost Cable System and the Southeast Asia Hainan Hong Kong express cable system, both of which are projected to be operational by next year.

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