Philippines: PLDT, Hong Kong’s HKT unit forge interconnection deal

Brand logo for the PLDT Group

Philippine telco giant PLDT has signed an interconnection deal with PCCW Global, the international operating division of  HKT, Hong Kong’s premier telecommunications service provider.

Both companies signed an IPX multi-service interconnection agreement meant to improve voice and data connectivity between Hong Kong and the Philippines.

The interconnection agreement is expected to improve PLDT and PCCW Global’s existing portfolios and mutually benefit their fixed, mobile, and international customers, as they expand their relationship in new market segments.

Also Read: Globe asks PH regulator to reassign San Miguel’s unused frequency pending Telstra’s entry

As a result, mobile operators connected to PCCW Global IPX are provided access to its MobileXchange service suite, which includes VoIPX, VoLTE, LTE roaming, GRX, SCCP and cloud-based applications such as Unified Communication-as-a-Service, Security-as-a-Service, OTT solutions, among others. This is seen to give operators unprecedented potential to differentiate themselves in both roaming and domestic services.

“With PCCW Global’s proven expertise in delivering advanced and quality services, we believe that this agreement will enable us to deliver a broader range of digital services to our customers, especially our overseas Filipinos in Hong Kong and their families back home,” said PLDT chairman Manny V. Pangilinan.

PCCW Global chief executive officer Marc Halbfinger said PLDT is a major partner in many of their projects, and the IPX interconnection was a natural step for the company.

Also Read: PH: PLDT, Japan’s NTT Com tie up to expand data centre services business

“We are looking forward to bringing innovative solutions to international services which could directly benefit the Philippine market,” Halbfinger said.

PCCW Global stated the latest expansion of its IPX’s reach further establishes the company as a global provider for mobile operators. The company now spans over five continents and with coverage in more than 3,000 cities and some 140 countries. Its network is reportedly one of the largest in the world supporting GSMA standardized services and cloud-based applications, enabling new revenue streams for connected operators.

PLDT’s last trading price increased 0.88 per cent or P17 to close at P1,947, while PCCW’s share price was at HKD$4.36.

Also Read:

PLDT ties up with Philippine Open Internet Exchange to improve country’s internet speed

Globe Telecom calls for all-inclusive IP peering of major Internet providers in PH

Philippines: PLDT unit, US-based UniTeller tie up for new remittance platform

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.