Converge ICT Solutions Inc., a listed pure fiber telecom company, said Tuesday it signed a memorandum of understanding with South Korea’s KT Corp,, formerly Korea Telecom, to pursue a partnership that aims to provide Philippine companies digital tools and innovations as well as digital transformation solutions.
The MOU was signed on Monday at the sidelines of the Mobile World Congress in Barcelona, Spain.
“This potential partnership with KT will allow us to co-innovate and deliver advanced technologies suited for the needs of Philippine businesses, especially small and medium enterprises,” said Maria Grace Uy, co-founder and president of Converge.
Both companies also plan to jointly pursue digital transformation solutions in the country, including a cloud-based video surveillance solution called Video Surveillance as a Service and a transportation management technology, Mobility as a Service, among others.