DITO Telecommunity Corp. and Converge ICT Solutions Inc., in a bid to bolster each other’s network, have signed a deal that will enable the sharing of assets between the two.
Having taken place in Taguig City, the event was attended by the officials of both telcos and signed a Master Facilities Provisioning Agreement (MFPA).
Per the agreement, both DITO and Converge would share select submarine and terrestrial fiber optic cable assets.
More specifically, the asset exchange arrangement will convey an expanded coverage and augmented redundancy as well as reduce capital expenses and establish savings due to improved operational efficiencies.
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According to Converge CEO and co-founder Dennis Anthony Uy, the goal of the agreement is to leverage both companies’ respective existing facilities to meet the shared goal of “empowering every Filipino home with quality broadband connectivity.”
Via the collaboration, they anticipate expanding their reach of customers as well as providing a better service with enhanced resiliency, Uy added.
Meanwhile, DITO Tel CEO Ernesto Alberto said that the agreement signifies both DITO and Converge’s “shared commitment to providing the best user experience” that the customers deserve, “whether consumers or enterprises.”
Lastly, the partnership seeks to reduce downtime, improve throughput, and establish more reliable connectivity for the improvement of the user experience of the customers in both companies.