Converge inks loan package with LANDBANK
Leading Philippine fiber broadband provider Converge Information andCommunications Technology Solutions, Inc. (PSE: CNVRG) has inked a P3 billion term loanagreement with state-owned Land Bank of the Philippines (LANDBANK) to fund the completionof its terrestrial and subsea domestic fiber backbone network, as well as support the workingcapital requirements of the internet service provider.