Converge ICT Solutions Inc. has expanded its international network by adding capacity to the C2C subsea cable system, ensuring network availability.
Converge said in a statement that the C2C cable system, which is part of Asia’s largest privately owned undersea cable network East Asia Crossing-City to City network, now has 1.3 terabits per second (Tbps) capacity.
The cable system, which spans 17,000 kilometers, connects the Philippines to the major data hubs of Hong Kong, Taiwan, Singapore, Japan, Korea, and China.
“With the additional 1.3 Tbps capacity on C2C travelling to Converge PoPs (points of presence), customers can be certain that the connections are now fully redundant, ensuring network availability even in the event of a submarine cable interruption,” Converge said.
According to the listed fiber broadband company, 700 Gbps of the new 1.3 Tbps capacity is currently operational.
One Tbps corresponds to 1,000 gigabits of data traveling across the network per second.
Converge stated that it “expects its capital expenditures for FY2022 to be slightly higher than the P25 billion scheduled for FY2021” to support its ongoing network development efforts.
Converge previously stated that it intends to generate P20 billion through the issue of fixed-rate bonds over a three-year period.
By 2023, the business hopes to have high-speed fiber connectivity in place for 55% of the country’s homes.
Initially, the business hoped to achieve the goal by 2025.
Converge had roughly 1.6 million residential users at the end of September, nearly doubling from the same time last year.