Philippines' Converge in talks with SpaceX on broadband satellite service

Reuters2021-02-15

MANILA, Feb 15 (Reuters) - Philippine fibre broadband provider Converge ICT Solutions Inc said on Monday it is holding talks with Elon Musk's SpaceX on a potential broadband satellite venture in the Southeast Asian nation.

In a stock exchange disclosure, Converge said it is looking at satellite technologies, including that of Space Exploration Technologies Corp., to provide high-speed internet to remote Philippine locations. "However, it is still very premature to talk about a possible partnership between Converge and SpaceX at this stage," it said, confirming news reports over the weekend. ()

SpaceX did not immediately respond to an e-mailed request for comment.

Converge's shares surged as much as 20% in early trade.

(Reporting by Neil Jerome Morales Editing by Ed Davies)

((neiljerome.morales@thomsonreuters.com; +632 8841 8914;))

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

meowmeowme
2021-02-16
meowmeowme
Sound good on paper, but such business need to be cost effective.... Anyway, in this market, just reap the reward from associating with$Tesla Motors(TSLA)$first...
gohysa
2021-02-15
gohysa
Time to invest
Vinnce
2021-02-15
Vinnce
[微笑]
- Yuyujiejie:
  Lets go!!!
Angsana
2021-02-15
Angsana
Will this push up Tesla price to the moon🌝?
- gohysa:
  Worry for Telco Company
- Wilson_wtc:
  🚀🚀🚀
- gohysa:
  Hard to say, long term will go up. As for now market is on high side, anything thing go high will fall and find adjustment.
- gohysa:
  https://www.marketwatch.com/story/stocks-arent-in-a-bubble-but-heres-what-is-according-to-fund-manager-ark-invests-cathie-wood-11612958113

发表看法

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As for now market is on high side, anything thing go high will fall and find adjustment. \n<br><br>\n<br><br>","text":"Hard to say, long term will go up. As for now market is on high side, anything thing go high will fall and find adjustment. \n<br><br>\n<br><br>","html":"Hard to say, long term will go up. As for now market is on high side, anything thing go high will fall and find adjustment. \n<br><br>\n<br><br>"},{"id":3573066,"gmtCreate":1613366135791,"gmtModify":1635764252458,"authorId":3573461814302526,"author":{"id":3573461814302526,"authorId":3573461814302526,"name":"gohysa","avatar":"https://static.tigerbbs.com/42f3a0de0e60c9062d7eda28e637a19e","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":382945460,"type":1,"supId":3572401,"prevId":0,"content":" https://www.marketwatch.com/story/stocks-arent-in-a-bubble-but-heres-what-is-according-to-fund-manager-ark-invests-cathie-wood-11612958113","text":" https://www.marketwatch.com/story/stocks-arent-in-a-bubble-but-heres-what-is-according-to-fund-manager-ark-invests-cathie-wood-11612958113","html":" https://www.marketwatch.com/story/stocks-arent-in-a-bubble-but-heres-what-is-according-to-fund-manager-ark-invests-cathie-wood-11612958113"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":14,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.25.1","shortVersion":"4.25.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2111034570"}