Streamtech

{{Short description|Telecommunications company in the Philippines}}

{{Infobox company

| name = Streamtech Systems Technologies, Inc.
(Streamtech)

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| type = Private

| logo = Streamtech.png

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| predecessor = Planet Cable

| successor =

| founder = Manuel "Paolo" A. Villar III

| defunct =

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| area_served = {{plainlist|

}}

| industry = Telecommunications

| genre =

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| production =

| services = Cable television, Fiber broadband internet

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| owner = Prime Asset Ventures, Inc.

| parent = Villar Group of Companies

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| subsid = Advanced Media Broadcasting System
Planet Cable

| homepage = {{URL|https://streamtech.com.ph}}

| footnotes =

| caption =

| hq_location_city = Bacoor, Cavite

| hq_location_country = Philippines

}}

Streamtech Systems Technologies, Inc. is a Philippine telecommunications company. Founded by Manuel Paolo A. Villar (son of real estate magnate and politician Manuel Villar Jr.), it offers communication services such as fiber to the home, internet and cable television bundles (through Planet Cable) and internet for small businesses and large enterprises.{{cite news|url=https://business.inquirer.net/259420/duterte-approves-telco-franchise-of-villar-owned-streamtech|title=Duterte approves telco franchise of Villar-owned Streamtech|newspaper=Philippine Daily Inquirer|last=Corrales|first=Nestor|date=23 October 2018}}

History

=Early years=

Planet Cable was founded in 2000 by Manuel Villar, Jr. It began its cable TV services in Cavite and Laguna.

=Congressional franchise, formal launch=

Paolo Villar founded the company in 2017. The following year in 2018, it obtained its 25-year Congressional franchise to operate telecommunication system under Republic Act No. 11089.{{cite news|url=https://business.inquirer.net/268990/villar-firm-seeks-telco-license|title=Villar firm seeks telco license|newspaper=Philippine Daily Inquirer|last=Camus|first=Miguel|date=22 April 2019}}

It was also interested to bid for the country's third major telecommunications provider, but were backed out after internal discussions.{{cite news|url=https://www.bworldonline.com/villars-streamtech-not-vying-for-3rd-telco-slot/|title=Villar's Streamtech not vying for 3rd telco slot|website=BusinessWorld|last=Corrales|first=Nestor|date=5 November 2018}}

In 2020, the Villar Group formally launched the fixed-line broadband internet business of Streamtech, including a peering partnership with Tier 1 for its global upstream services. The company also completed its acquisition of Planet Cable.{{cite news|url=https://www.philstar.com/business/2020/07/25/2030354/villar-launches-internet-unit|title=Villar launches internet unit|website=The Philippine Star|last=Gonzales|first=Iris|date=25 July 2020}}{{cite news|url=https://mb.com.ph/2020/07/23/villar-group-subsidiary-launches-new-telco/|title=Villar group subsidiary launches new telco|website=Manila Bulletin|last=Loyola|first=James|date=23 July 2020}}

In 2021, Planet Cable acquired Advanced Media Broadcasting System, the company operating the radio station AllRadio 103.5 and TV network ALLTV from the Vera family.{{cite news |last1=Fernandez |first1=Daniza |title=4 broadcasting franchise applications get Senate panel's nod |url=https://newsinfo.inquirer.net/1491922/4-broadcasting-franchise-applications-get-senate-panels-nod |access-date=27 November 2021 |work=Inquirer.net |date=23 September 2021}}