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Broadband

Converge secures PHP 3 billion loan from LandBank

Tuesday 7 September 2021 | 08:09 CET | News
Philippine operator Converge Information and Communications Technology Solutions (Converge ICT) has signed a PHP 3 billion term loan agreement with state-owned Land Bank of the Philippines. Converge plans to use the fresh funding to power the completion of its terrestrial and subsea domestic fiber backbone network, as well as support its working capital requirements.

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Categories: Fixed
Companies: Converge ICT
Countries: Philippines
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