With what seemed like a flick of a switch, the whole world was turned upside down by Covid-19–and, a year into this pandemic, things remain bleak, especially for those whose financial outlook is still unclear because of the economic impact of this global crisis. A ray of hope for some Filipinos, however, lies in the…
Converge ICT Solutions Inc. sealed a P5-billion loan deal with state-owned Land Bank of the Philippines to fund its nationwide fiber internet rollout. Pampanga-based businessman and Converge CEO Dennis Anthony Uy said on Friday this would also allow the company to expand its presence in “unserved and underserved” areas in the Philippines. According to Converge,…
As the year 2020 came to a close, it was time for businesses to count their wins or losses. And in a year like no other, there were clear winners and losers in telecommunications, media, transport and infrastructure. First were telecoms, which soared as demand for data—already a desired service—exploded during the COVID-19 lockdown. This…