The Villar Group launched telecommunications unit Streamtech Systems Technologies Inc. to address the increased demand for faster connectivity amid the coronavirus pandemic.
Streamtech plans to take over the internet systems operations of Planet Cable Inc., a multi-system operator offering cable TV services, cable-Internet and digital video broadcast with operations in Luzon, the Visayas and Mindanao.
“We have high hopes of providing internet services to the farthest reach possible, also in line with our commitment to provide high-quality services to Filipinos across the country. We are very confident that we can greatly boost the internet experience of our existing and future customers,” said Paolo Villar, owner and founder of Prime Asset Ventures Inc., the parent company of Streamtech.
The new telecom company established a strong partnership with Tier 1 global internet upstream providers in the Asia-Pacific and United States routes. Having international point of presence has allowed Streamtech to easily expand capacity to multiple Gigabit connectivity.
Localized content and peering add to its network strength, making it easier to deliver good connections using a fully meshed metro ethernet supporting fiber reach.
Streamtech also secured a direct partnership with one of the leading international telco equipment manufacturers, with the latter being the technology partner for its network equipment as well as its fiber to the home access technology.
Streamtech is initially offering services such as fixed broadband for residential and SMEs, direct Internet access and Metro E connectivity for enterprises.
Major clients include Vista Land & Lifescapes Inc. which operates housing brands Brittany, Crown Asia, Camella Homes, Communities Philippines and Vista Residences; and essential-services brands PrimeWater, S.I. Power Corp., Kratos RES, E-Prime Business Solutions and Crystal Clear.
Streamtech also delivers value-added products and services to its clients such as the Digiclass e-learning bundles, ZPacks vlogging and gaming bundles and Extendifi Wi-FI extenders.
These allow consumers a fuller and more enjoyable experience in terms of internet access.
Many companies have implemented work-from-home arrangements while schools are expected to conduct online classes, resulting in increased demand for faster and more affordable internet connection.
Streamtech earlier backed out from joining the bid for the country’s third major telecommunications firm.