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Philippine ISP Converge to Invest $100M in Transatlantic Cable System

Philippine ISP Converge to Invest $100M in Transatlantic Cable System Image Credit: Converge

Keppel T&T and leading Philippine ISP Converge, recently entered into an agreement for the participation of Converge in the Bifrost Cable System project. 

The Bifrost Cable System will directly connect Singapore to the west coast of North America. The agreements provide for the grant of an Indefeasible Right of Use (IRU) to Converge for one fiber pair on the main trunk of Bifrost Cable System. In addition, KMH and Converge will jointly develop a branch on the Bifrost Cable System that will land in Davao, Philippines, with Converge also being granted an IRU on the entire Davao branch.

 

Converge will also be appointed as the landing party for the Davao branch segment. Converge will invest over US$100 million (around PhP5 billion) for the whole project. Expected to be completed in 2024 and spanning over 15,000 kilometers, the Bifrost Cable System is the world’s first subsea cable system that directly connects Singapore to the west coast of North America via Indonesia through the Java Sea and Celebes Sea. It will connect Singapore, Indonesia, the Philippines, Guam, and the west coast of North America.

The Bifrost Cable System will boost the connectivity of the region’s governments and businesses, including cloud operators, telecommunications operators, network providers, over-the-top (OTT) providers, data centres, governments, enterprises, and consumers by offering them competitive pricing and capacity resilience.

Thomas Pang, CEO of Keppel T&T
The Bifrost Cable System will enable greater ASEAN inter-connectivity, as well as greater connectivity between Southeast Asia and the west coast of North America, bringing significant benefits to the region’s governments, businesses and consumers.

Dennis Anthony Uy, CEO of Converge
Our investment into this cable system also gives us two direct international links, one going to Singapore and the other one going to North America with a design capacity of up to 15Tbps in each direction.

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

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