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Converge, KT Corp ink deal on possible biz partnership
Converge ICT and South Korea’s KT Corp have agreed to pursue a potential business collaboration and partnership, the broadband service provider disclosed on Tuesday.
Converge said that among the potential deals it eyes with KT Corp, formerly known as Korea Telecom, were a cloud-based video surveillance solution called Video Surveillance as a Service (VSaaS) and a transportation management technology, Mobility as a Service (MaaS).
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The two companies signed a memorandum of understanding at the sidelines of the Mobile World Congress in Barcelona, Spain, Converge said.
“The agreement was signed by Converge President and Co-Founder, Maria Grace Uy, and KT Senior Vice President, Sunguk Moon,” Converge said in a disclosure to the stock exchange.
“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 (SMEs),” Uy added.
Converge has also partnered with Singapore-based Keppel Telecommunications and Transportation Inc to set up a subsea cable system that will include the country to boost connectivity.
“If a man neglects education, he walks lame to the end of his life.” - PLATO
Philosophical it may be, but the closest we can comprehend the troubles every nation is going through is to be pragmatic about the needs every constituent human being must have.
The approach may emanate from our historical past because the present evolved from yesterday’s experience.
From the relics ot the past, man has been in search of food to survive hunger and live for another day.
It didn’t matter if man had a roof above his head because trees and caves are found to provide shelter from the heat of the sun and the coldness of the rain.
Clothing, after food and shelter, was next, as protection from the cold and the hot rays
FRED C. LUMBA SPECKS OF LIFE
of the sun.
Man hunted wild animals for their fur and leather.
Today not much differs from our existence in the yonder past because man is intrinsically the same human being since he was created by the divine power of God ages and epochs ago.
The above narrative indicates just what governance must initially tackle because everything boils down to survival.
Some countries use their military and economic power to subjugate neighboring states to satisfy their imperialistic hegemony, enlarge and build their own resources and patromny so that their own people can exploit and survive the global chaos and degenarative decadence.
Third World nations remain fencesitters because they are helpless to withstand the aggression whether it is done in times of peace or in times of war.
They borrow or beg or patiently wait for financial and