DFNN, Sy-led Data Lake team up to boost Starlink PHL

LISTED gaming technology company DFNN, Inc. has partnered with Sy-led Data Lake, Inc. to strengthen the presence of Elon Musk’s Starlink in the Philippines.

In a regulatory filing on Monday, DFNN said it had signed a partnership agreement with Data Lake to use both their complementary technology, sales channels, and marketing expertise to help expand Starlink’s domestic presence.

“The collaboration between the two is projected to fast-track connectivity of geographically isolated and disadvantageous areas with the use of Starlink’s low Earth orbit satellites and complementary technologies, thereby expanding the digital infrastructure of the country integral to the global digital economy,” DFNN said.

“The link-up will leverage DFNN’s historic pioneering initiatives in technology with Data Lake’s founders’ experience and business track record,” it added.

Founded in October 2022, Data Lake is led by Henry T. Sy, Jr. and Anthony L. Almeda. The company is an authorized reseller of Starlink in the Philippines.

The company is also engaged in data services, business intelligence modernization, data science, big data pilot-to-production, Internet of Things, mobile application development, cloud, and data pipeline.

Starlink is a satellite internet of Muskled Space Exploration Technologies Corp. (SpaceX). According to its website, SpaceX continues to launch satellites into orbit to bring high-speed broadband to rural and remote areas.

On Monday, DFNN shares fell by 1.31% or four centavos to P3.01 apiece.