Bayan Telecommunications Inc. (Bayan) on Monday said it has forged a deal with a subsidiary of PT Telecomunikasi Indonesia TbK (Telkom) to provide internet connection services overseas in Asia and the Pacific.
In an e-mailed statement Monday, Patrick Gatchalian, head of Bayan Business, said the company signed a master services agreement with Telkom’s PT Telekomunikasi Indonesia International (Telin).
“Through the partnership, we can provide fast connectivity to Indonesia and other areas where Telin is present such as in Singapore, Hong Kong, Timor Leste and Australia,” Gatchalian said. “We are targeting customers that run mission critical applications and are dependent on low latency," he added.
Partnership opportunities abound in this deal, according to the Bayan official, including the creation of bilateral capacity between the two companies.
“Benefits include network efficiency and scalability, faster provisioning of data services, availability of capacity, and flexibility in pricing," Gatchalian added.
"Bayan is Telin's first partner for outsourced data in the Philippines," Telin marketing and sales director S.P. Natigor Sitorus said, noting the Indonesian telco could source domestic data requirement in the Philippines.
Gatchalian and Sitorus signed the Master Services Agreement at the CommunicAsia 2013/BroadcastAsia 2013 recently held in Marina Bay Sands, Singapore. Also signing the deal was Jacqui Co-Soriano, head of Bayan Business Managed Services, Carriers & Partners, while Telkom operational vice president for public relations Prabowo Arif witnessed it.
Ayala-led Globe Telecom Inc. is taking over Bayan this year in a debt-to-equity deal that would give the telecom provider a 57-percent stake in the cash-strapped company. — VS, GMA News