MacroAsia readies fixed-line internet market foray

A MacroAsia Corp. subsidiary is eyeing to break into the fixed-line internet space and provide services to residential consumers in three to five years.

Anthony Hilario, general manager of Tera Information and Connectivity Solutions Inc., said in a recent press event that they were readying their network infrastructure and data center first in order to provide such an offering to the market.

“Until such time our network infrastructure [and] data center [are] already in place, that’s the time I believe that 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 trunking and other services.

Tera, to date, has only been providing services to MacroAsia units.

“Soon, we’ll be also providing technology together with GLC to our external customers,” Hilario said.

Last week, the MacroAsia subsidiary inked a partnership with telecommunications technology firm Gur Lavi Corp. (GLC) to support its digitalization initiative within the conglomerate to make operations more efficient.

“From our side, we wish to impart our expertise, our knowledge in helping Tera and the other companies in their group in their digital transformation journey,” GLC president and CEO Erwin Co added.

Michelle Bautista, division head for channel sales at GLC, explained they could provide Tera with several services, including cloud platform for network and telephony.

TeLavi Cloud, one of GLC’s flagship brands, allows users to receive landline calls on their devices via the Internet. Other solutions include team messaging and video conferencing.

“We feel that Gur Lavi has very good expertise and technical understanding of the whole technology side. That is something we can leverage on. Hopefully, we can learn a lot from them,” MacroAsia president and chief operating officer Eduardo Luis Luy said.

In August, MacroAsia’s joint venture with Lufthansa Technik AG, Lufthansa Technik Philippines, inaugurated the 9,000-square-meter Hangar 1A. It services commercial aircraft of short- to long-haul capacities, such as Airbus jets A320, A330, A380 and the Boeing 777.

MacroAsia reported that its net income attributable to equity holders of the company in the first half amounted to P64.84 million, a turnaround from P524.49-million net loss in the same period last year.