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News & Updates

Greenfield taps Cisco for fiber-optic service
ABS-CBN News - November 24, 2009

By Michelle Orosa

MANILA - Campos-led Greenfield Development Corp. is set to incorporate fiber-optic technology into its upcoming real estate projects with the help of multinational networking solutions firm Cisco Systems Inc.

The fiber-optic technology would provide high-speed Internet access to residential and commercial units within the 10.5-hectare Greenfield District in Mandaluyong City. Company Chairman and President Jeffrey Campos said the new service caters mainly to families of overseas Filipino workers (OFW).

"The OFWs understand more the need for communication. It's going to be the OFWs abroad and their families here who can afford it and understand the technology better," he said.

Greenfield tapped Cisco to integrate the technology into the company's projects for an undisclosed amount. Campos did not specify any timeframe for the said venture, but said that it would be initially tested on the Twin Oaks Place, a project set to be built within the Greenfield district.

"We're doing it with open minds. We're starting with the Greenfield District, but we intend to provide it where we can provide it, at a time when the telcos in the area are ready. It's in our long-term plans," he said.

Initially a landholding company, Greenfield eventually entered into various joint ventures with the likes of Ayala Corp. and Century Properties. Moving forward, Campos said the company is set to launch its own residential and commercial projects.

"Residential and commercial is our baby. We started with commercial years ago, so we know that business. We also know the residential business very well," he said.

In August, high-end serviced apartment Ascott Makati tapped the services of Globe Telecom Inc. to provide wireless Internet service in all of its areas.

The company earlier said that each of its 306 units now have access to password-protected Internet, making it the first in the Philippines to provide full wireless Internet coverage.

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