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Converge ICT Solutions Inc. announced Tuesday that it is preparing to double the data transmission capacity of its metropolitan backbone, which will be able to download more than 20 movies in a second.
In a regulatory filing, Converge said it is working to bring its metro backbone to a data transmission capacity of 800 gigabits per second (Gbps) from 400 Gbps currently.
“Developments in cloud computing, big data, virtual reality, combined with increasing demands for remote storage and streaming technology are creating massive demand on our network and data centers,†said Managing Director Dennis Anthony Uy.
“We want to meet the high capacity needs of our network and our customers, and be able to support any next-generation technology they may have,†he added.
Upgrading the metropolitan backbone will mean more data will flow to data centers, reduce latency, and enable the high-speed data transfers needed by next-generation technologies such as the Internet of Things and smart cities. .
According to COO Jesus Romero, the upgrade to 800 Gbps will allow users to download the latest season of Valorant and over 20 HD movies in one second.
“At the same time, this latest technology allows us to use less hardware to efficiently deliver our services, limits the possibility of congestion in both normal and outage situations, and reduces our energy consumption and costs.” , did he declare.
Converge has allocated 20 billion pesos for its capital spending this year, mainly for the expansion of its backbone network and the deployment of additional fiber optic ports to the home. It aims to reach 15 million or 55% of total Filipino households with its pure fiber connectivity by 2025.
The company has allocated 33 billion pesos for its “innovative and flexible†high-capacity backbone of an American networking systems, services and software company.
Converge shares are trading at P23.05 each at 10:41 am, up 50 centavos or 2.22% from Monday’s end of P22.55.—AOL, GMA News
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