Converge signs MoU with KT Corp to drive digital transformation

Philippines-based fibre broadband provider Converge ICT Solutions has inked a memorandum of understanding (MoU) with South Korea’s KT Corp to explore a potential strategic partnership to support the digital transformation of the Philippines’ enterprise sector. In a Philippine Stock Exchange filing dated 28 February, the two parties said they have agreed ‘to pursue a potential business collaboration and partnership that will support the digital transformation of local businesses by providing innovative enterprise technologies,’ as well as ‘extend digital tools and innovations to enterprises in the Philippines, and to explore new digital transformation solutions for the evolving needs of ICT (information and communications technology) customers.’ The areas of interest for digital transformation solutions include a cloud-based video surveillance solution called Video Surveillance as a Service (VSaaS) and a transportation management technology, Mobility as a Service (MaaS), amongst others.