Converge, KT Corp ink deal on possible partnership

ABS-CBN News

<p>MANILA - Converge ICT and South Korea’s KT Corp have agreed to pursue a potential business collaboration and partnership, the broadband service provider disclosed on Tuesday.</p><p>Converge said that among the potential deals it eyes with KT Corp, formerly known as Korea Telecom, were a cloud-based video surveillance solution called Video Surveillance as a Service (VSaaS) and a transportation management technology, Mobility as a Service (MaaS).</p><p>The two companies signed a memorandum of understanding at the sidelines of the Mobile World Congress in Barcelona, Spain, Converge said. </p><p>“The agreement was signed by Converge President and Co-Founder, Maria Grace Uy, and KT Senior Vice President, Sunguk Moon,” Converge said in a disclosure to the stock exchange. </p><p>“This potential partnership with KT will allow us to co-innovate and deliver advanced technologies suited for the needs of Philippine businesses, especially small and medium enterprises (SMEs),” Uy added.</p><p>Converge has also partnered with Singapore-based Keppel Telecommunications and Transportation Inc to set up a subsea cable system that will include the country to boost connectivity. </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/01/04/23/converge-obtains-license-to-provide-connectivity-in-sg">Converge obtains license to provide connectivity in Singapore</a></li>	<li><a href="https://news.abs-cbn.com/business/02/21/23/fruit-of-f1-marcos-says-deal-inked-for-faster-ph-internet">Fruit of Singapore F1 trip? Marcos says Converge, Keppel ink deal for faster internet</a></li>	<li><a href="https://news.abs-cbn.com/business/01/24/23/converge-hits-2-million-fiber-port-target-in-2022">Converge hits 2 million fiber port deployment target in 2022</a></li></ul><div><strong>RELATED VIDEO</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1767728" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

Converge ICT and South Korea’s KT Corp have agreed to pursue a potential business collaboration and partnership, the broadband service provider disclosed on Tuesday.

Converge, KT Corp ink deal on possible partnership | ABS-CBN

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Converge, KT Corp ink deal on possible partnership

Converge, KT Corp ink deal on possible partnership

ABS-CBN News

Published Feb 28, 2023 10:07 AM PHT

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Updated Feb 28, 2023 10:18 AM PHT

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Converge ICT

KT Corp

Dennis Anthony Uy

MWC

Mobile World Congress

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