MANILA, March 23, 2022 – Leading fiber internet service provider Converge ICT Solutions, Inc. is the new owner of the Alaska Aces franchise in the Philippine Basketball Association (PBA).
Just a month since Alaska Milk Corporation (AMC) officially announced the retirement of the Alaska Aces from the PBA, AMC and Converge have officially reached an agreement to turn over the franchise of the champion team, Alaska Aces, to the pure fiber broadband provider.
AMC Chairman Wilfred Uytengsu expressed his satisfaction and shared gratitude for the value placed upon their award-winning team. “We are pleased that the new owners of our storied franchise are industry leaders, and are grateful to Mr. Dennis Anthony Uy and Converge for ensuring that the Alaska Aces team will get to continue in this new direction under his stewardship. We have a great staff and a competitive team, and with this development, we are assured that they will continue to be given the opportunity to shine in the PBA. We wish Converge all the best to continue our winning tradition!”
“We’re truly honored and excited to be a part of the PBA and be associated with such a beloved team. Converge hopes to continue the legacy of pride, passion, competitiveness, discipline, and sportsmanship that the franchise has been known for. This move brings us closer to the hearts of Filipinos nationwide as we aim to reach the majority of Philippine households with our pure fiber internet soon,” said Converge CEO and Co-Founder Dennis Anthony Uy.
Uy also shared that Converge will continue to honor contracts of players that go beyond this season, and the current coaching and medical staff are to be considered for evaluation by the new team owners.
The franchise transfer was approved by the PBA on March 22, 2022, allowing Converge to become the newest member of the league, and is effective immediately as the Aces’ had their last day of playing in the PBA last March 19. The Aces have been a part of the PBA for the last 35 seasons, winning 14 titles and a grand slam, and are the second most winningest franchise in league history.