Infinera (NASDAQ: INFN) announced today that Converge ICT Solutions
Inc. (PSE: CNVRG), the leading fiber broadband and technology
solutions provider in the Philippines, selected Infinera as its
submarine line terminal equipment (SLTE) vendor for the fiber pairs
over which Converge has been granted an Indefeasible Right of Use
(IRU) on the Bifrost Cable System, using Infinera’s
industry-leading GX Series Compact Modular Platform and its
next-generation high-performance 1.2T ICE7 optical engine.
Additionally, Converge will use Infinera’s solutions to
modernize its nationwide terrestrial fiber network across the
Philippines.
Keppel and Converge have entered into agreements for the grant
of an IRU to Converge for one fiber pair on the main trunk and the
entire Davao branch of the Bifrost Cable System. Developed by
Keppel, Meta, and Telin, the Bifrost Cable System is an end-to-end
trans-Pacific cable system spanning over 15,000 km, connecting the
west coast of North America via Guam with the Philippines,
Indonesia, and Singapore. Converge is also the landing party for
the Davao branch segment of the Bifrost Cable System and owns the
cable landing station in Davao, located in the southern Mindanao
region.
Converge is the fastest-growing fiber broadband and Information
and Communications Technology (ICT) solutions provider in the
Philippines, with total fiber assets extending over 70,000
kilometers. It operates the biggest fiber-to-the-home network in
the country, with total homes passed reaching 16 million.
Converge selected Infinera’s solution based on Infinera’s proven
track record in subsea networking with industry-leading reach and
capacity performance. Leveraging Infinera’s subsea solution will
enable Converge to monetize its fiber assets by delivering the
highest capacity at the lowest cost over ultra-long distances.
Once deployed, Converge will benefit from the industry’s latest
generation of advanced high-speed optics and 5-nm technology,
enabling single wavelengths of up to 1.2T and improved
capacity-reach. Infinera’s solution provides Converge with an
operationally seamless solution including advanced spectrum sharing
capabilities in a single platform that supports both ICE7
transponders and next-generation optical line system (OLS)
capabilities.
“We are excited to leverage the latest generation of Infinera’s
technology for our terrestrial and subsea cable assets. Infinera
provides the most advanced subsea networking solution with
industry-leading capabilities including advanced power management,”
said Dennis Anthony Uy, CEO and Co-Founder of Converge. “Leveraging
Infinera’s innovative solution, Converge will be able to
effectively scale to meet rapidly growing bandwidth demands across
the Philippines and the entire Asia-Pacific region.”
“By selecting Infinera’s ICE7 as the SLTE for the fiber pairs
utilized by Converge in the Bifrost Cable System and to modernize
its terrestrial backbone, Converge will benefit from the industry’s
latest technology, enabling them to provide their customers with
access to cost-effective, high-performance, and high-capacity
services,” said David Heard, CEO at Infinera. “We are pleased to
have been selected for the company’s growth and expansion, which
underscores the value of Infinera’s innovative optical engine
solutions and expertise in deploying critical networks
globally.”
Contacts:
Infinera Media: Anna VueTel. +1 (916)
595-8157avue@infinera.com
Converge Media: Jay-Anne EncarnadoVP and Head of Corporate
Communications and Public Relationscorpcomm@convergeict.com
Infinera Investors:Amitabh Passi, Head of Investor RelationsTel.
+1 (669) 295-1489apassi@infinera.com
Converge Investors:Owen OcampoVP and Head of Investor
RelationsInvestor.relations@convergeict.com
About Converge ICT SolutionsConverge
Information and Communications Technology Solutions, Inc.
(PSE:CNVRG) is the fastest-growing fixed broadband service provider
in the Philippines. It is the first to run an end-to-end pure fiber
internet network in the country, providing Filipinos simple, fast,
and reliable connectivity. Aside from broadband services, Converge
also offers integrated data center and network solutions services.
With over 70,000 kilometers of fiber optic assets nationwide, it
has one of the most extensive fiber networks in the Philippines.
With this fiber-powered network, Converge provides premium
world-class digital experience for residential, enterprise, and
wholesale customers. Go to https://www.convergeict.com for more
information.
About InfineraInfinera is a global supplier of
innovative open optical networking solutions and advanced optical
semiconductors that enable carriers, cloud operators, governments,
and enterprises to scale network bandwidth, accelerate service
innovation, and automate network operations. Infinera solutions
deliver industry-leading economics and performance in long-haul,
submarine, data center interconnect, and metro transport
applications. To learn more about Infinera, visit www.infinera.com,
follow us on Twitter and LinkedIn, and subscribe for updates.
Infinera and the Infinera logo are registered trademarks of
Infinera Corporation.
This press release contains forward-looking statements,
including but not limited to the operational, performance and
financial benefits of Infinera’s GX Series Compact Modular Platform
and its ICE7 optical engine. These statements are not guarantees of
results and should not be considered as an indication of future
activity or future performance. Actual results may vary materially
from these expectations as a result of various risks and
uncertainties. Information about these risks and uncertainties, and
other risks and uncertainties that affect Infinera’s business, is
contained in the risk factors section and other sections of
Infinera’s Quarterly Report on Form 10-Q for the Fiscal Quarter
ended June 29, 2024 as filed with the SEC on August 2, 2024, as
well as any subsequent reports filed with or furnished to the SEC.
These reports are available on Infinera’s website at
www.infinera.com and the SEC’s website at www.sec.gov.
Forward-looking statements include statements regarding our
expectations, beliefs, intentions, or strategies and can be
identified by words such as “anticipate,” “believe,” “could,”
“estimate,” “expect,” “intend,” “may,” “should,” “will,” and
“would” or similar words. Infinera assumes no obligation to, and
does not currently intend to, update any such forward-looking
statements.
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