Transcelestial to enter Philippines broadband market; secures USD2m investment from Globe’s Kickstart fund

19 Feb 2021

Singapore tech start-up Transcelestial Technologies today (19 February) announced it has secured a USD2 million strategic investment from Globe Telecom subsidiary Kickstart Ventures under the Ayala Corporation’s venture fund (ACTIVE), to work with Philippine telcos to provide a solution to the challenge of building cell sites, which usually involves high capital expenditures and delays due to right-of-way issues.

The newcomer has developed a proprietary system, CENTAURI, which it describes as a ‘mass-produced network device which leverages … Wireless Laser Communication Technology to create a wireless distribution network between buildings, traditional cell towers, street-level poles and other physical infrastructure’. It claims that CENTAURI is capable of delivering true fibre-like speeds to customers at a fraction of the cost of traditional fibre and has developed two commercial models – 1Gbps Full Duplex (4G & Enterprise ready) and 10Gbps Full Duplex (5G-ready). ‘Higher bandwidth capabilities will be unlocked and available for order shortly,’ it noted in the press release which also pointed out that the system seeks to provide ‘a rapidly deployable, affordable and high speed Last Mile Connectivity solution, especially for dense residential areas during COVID-19 period which require urgent bandwidth upgrades’.

Commenting on the development, Transcelestial CEO Rohit Jha said: ‘The team at Kickstart have been fully aligned with our goals of solving the last mile and global bottlenecks in internet distribution. We could not have asked for a better partner to help us not only work with Globe in Philippines but also advise us on bringing our current and future products to solve some of the challenges in the archipelago nation.’ It is understood that the Singapore-based venture plans to deploy a string of low Earth orbit satellites to deliver ultra-high speed network connectivity, with rollout slated for 2024.

Philippines, Singapore, Globe Telecom (incl. Innove), Transcelestial Technologies