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Converge ICT, Streamtech Systems Techonologies enter third telco race

We have two more companies that are joining the third telco race – Converge ICT Solutions Inc. and the Villar-owned Streamtech Systems Techonologies.

According to Inquirer.net, Converge ICT paid the PHP 1-million fee to acquire the bid documents on October 23, 2018, while Streamtech got its documents on October 8, 2018. Reports also say that Converge is expected to partner with Korea’s KT Corp. No word yet if Streamtech has selected a foreign partner.


Last month, the DICT has released the seven potential bidders for the country’s New Major Player (NMP) which includes LCS Group of Companies with TierOne Communications, Udenna Corporation, Telenor Group, Now Telecom, PT&T Corporation, China Telecom, and a still undisclosed bidder.

The DICT is expected to identify the provisional NMP on November 7, 2018.

source: Inquirer.net

This article was written by Louie Diangson, Managing Editor of YugaTech. You can follow him at @John_Louie.

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4 Responses

  1. Go converge says:

    Wag na sana manalo converge kasi regardless kung manalo or hindi malamang magiging major ISP rin naman sila

  2. Budweiser says:

    Villar-owned. So the bidding part is formality.

  3. jedfrey says:

    sana everywhere ang converge abusado tong Globe pg matagal ka na nilang customer, katwiran nila business is business maraming magaapply they play it dirty, new customer means new installation fee. NAPAKAHAYOP…

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