MacroAsia prepares its foray into the fixed Internet market
A subsidiary of MacroAsia Corp. plans to break into the fixed Internet space and provide service to residential consumers within three to five years.
Anthony Hilario, Managing Director of Tera Information and Connectivity Solutions Inc., said at a recent press event that they were first preparing their network infrastructure and data center in order to provide such an offering to the market.
“So far, our network infrastructure [and] data center [are] already in place, this is when I believe we will introduce the market that we are already ready,” he said.
MacroAsia incorporated Tera in February 2021 to provide information management and data connectivity, including radio links and other services.
Tera, to date, has only provided services to MacroAsia units.
“Soon we will also provide the technology with GLC to our external customers,” said Hilario.
Last week, subsidiary MacroAsia signed a partnership with telecommunications technology company Gur Lavi Corp. (GLC) to support its digitization initiative within the conglomerate to make operations more efficient.
“From our side, we want to pass on our expertise, our knowledge to help Tera and the other companies in their group in their digital transformation journey,” added GLC President and CEO Erwin Co.
Michelle Bautista, channel sales division manager at GLC, explained that they could provide Tera with several services, including a cloud platform for network and telephony.
TeLavi Cloud, one of GLC’s flagship brands, allows users to receive landline calls on their devices over the Internet. Other solutions include team messaging and video conferencing.
“We believe that Gur Lavi has very good expertise and a very good technical understanding of the whole technology. This is something we can take advantage of. I hope we can learn a lot from them,” said MacroAsia President and COO Eduardo Luis Luy.
In August, MacroAsia’s joint venture with Lufthansa Technik AG, Lufthansa Technik Philippines, opened the 9,000 square meter Hangar 1A. It serves commercial aircraft with short to long-haul capacities, such as the Airbus A320, A330, A380 and the Boeing 777.
MacroAsia said its first-half net profit attributable to shareholders of the company was P64.84 million, a turnaround from a net loss of P524.49 million in the same period last year. .
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