Wednesday, April 24, 2024

Ex-German and Finnish joint venture ETSI now 100% Pinoy-owned

Popularly known as “ETSI”, the company?has been?completely taken over by?Filipino?investors as of Nov. 28, 2014.

Being around for 33 years, ETSI boasts one of the richest experience in the local telecommunications industry. Its strength lies on competent Filipinos complemented by the proven technical expertise of former strategic partners such as Siemens (1982-2007)a and Nokia (2007-2014).?

Atty. Romarie G. Villonco
Atty. Romarie G. Villonco

Atty. Romarie G. Villonco, chairman and general partner of Siguion Reyna, Montecillo and Ongsiako Law Firm, is now the?company's majority shareholder and will remain as the chairman of the board, while Cesar Jacinto V. Castro II, the former SVP and GM of Siemens Philippines and country director of Nokia Siemens Networks Philippines

ETSI?built majority of the country’s fixed, mobile, fiber-optic and data communication networks and was the first to be entrusted with a large-scale outsourced service for mobile network optimization, operation and maintenance. It was also the first company to establish a high-level software research and development center in the Philippines inaugurated by Pres. Benigno S. Aquino III in July 11, 2011.

Under its new set-up,?ETSI?plans to serve a much wider market in terms of industries and enterprises, solutions and geography. It will continue its core business in enhancing and developing telecommunications services while expanding to other promising fields by capitalizing on its proven engineering and project management expertise.

Cesar Jacinto V. Castro II
Cesar Jacinto V. Castro II

ETSI?has always?been committed in delegating Filipino talents in all its projects including those with its past partners– as in the case of Siemens and Nokia — globally. With its accreditation and licenses from the Philippine Contractors Accreditation Board, Philippine Overseas Construction Board and Philippine Overseas Employment Administration,?ETSI?envisions an extensive increase in its talent deployment here and abroad.

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