The Villar Group of Companies is venturing into the internet service business.
The group on Thursday formally unveiled its unit Streamtech Systems Technologies Inc. which it said will take over the internet systems operations of Planet Cable Inc., a multi-system operator offering cable TV services, cable internet and digital video broadcast.
This will give the company market reach Ilocos Region, Central Luzon, the National Capital Region, Calabarzon, Iloilo Province and Davao.
“The new telco entity has established strong peering with Tier 1 global internet upstream providers, most especially those in the Asia-Pacific and United States routes. Having its international point of presence has allowed Streamtech to easily expand capacity to multiple Gigabit connectivity,” the group said in a statement
“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. It has 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,” it added.
Streamtech will initially offer services such as fixed broadband for residential and small and medium enterprises, direct internet access, and Metro E connectivity for enterprises.
Some of its major clients will 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.
“Apart from offering fast fiber connections, 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 wifi extenders,” the group said.