The investment was from Warburg Pincus, a private equity firm based in the United States. Kim, DICT Secretary Gregorio Honasan, and Warburg Pincus LLC Managing Director Saurabh Agarwal With this investment, Converge ICT will be able to fast-track the construction of its $1.8-billion nationwide internet backbone. Read more in our articles including "Converge ICT earmarks $250 million investment for expansion" and "Globe rolls out Starlink Satellite-to-Mobile Service in the Philippines".
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May 26, 2026The investment was from Warburg Pincus, a private equity firm based in the United States. Kim, DICT Secretary Gregorio Honasan, and Warburg Pincus LLC Managing Director Saurabh Agarwal With this investment, Converge ICT will be able to fast-track the construction of its $1.8-billion nationwide internet backbone.
Our coverage of warburg pincus includes: "Converge ICT earmarks $250 million investment for expansion"; "Globe rolls out Starlink Satellite-to-Mobile Service in the Philippines"; "PH among slowest countries in shift away from 3G". Each article provides unique insights and information.