converge Domestic credit rating agency Philippine Ratings Services Corp. (PhilRatings) gave the highest credit rating of "Aaa with stable outlook” to the P5 billion maiden bond offer of Converge ICT Solutions Inc., with an oversubscription option of up to P5 billion. PRS gave the rating due to...
Pure fiber data network and internet service provider Converge Information and Communications Technology Solutions, Inc. has expanded its fiber assets to serve another million customers this April and is on track to cover 55 percent of Philippine households by 2025, Founder, CEO, and Executive...
Fiber internet service provider Converge ICT Solutions Inc. has completed linking Visayas and Mindanao to its national fiber backbone via its P6 Billion submarine cable project. On Wednesday, April 28, the company landed its submarine cables in Cagayan de Oro for the final connection after another...
Local fiber broadband provider Converge Information & Communications Technology Solutions, Inc. (Converge) is investing $100 million (around P5 billion) into the Bifrost Cable System, in a partnership with Keppel Telecommunications & Transportation’s (Keppel T&T), wholly-owned...
The Philippine stock market is seen to weaken further this short trading week as COVD-19 cases continue to surge, sparking talks of the imposition of even more stringent lockdown measures—the government’s main tool in trying to keep infections down. “The local market may decline next week as...
High-speed fiber broadband provider Converge ICT Solutions Inc. is about to complete its national fiber backbone as it installs 1,800 kilometers of submarine sea cables connecting Visayas and Mindanao this month. “We started Converge nine years ago with a dream to bring the world’s best...
Riding on fiscal year 2020's strong subscriber growth, pure-play high-speed fixed broadband operator, Converge Information and Communications Technology Solutions, Inc., hauled in P9.14 billion revenues, up 71 per cent from the preceding year's P9.14 billion. The company's net income also grew to...
Internet service provider Converge ICT Solutions Inc. more than doubled its fiber network to over 55,000 kilometers last year, despite challenges posed by the pandemic. “We've accelerated our fiber optic expansion to reach underserved and unserved areas in the country in need of high speed...
Converge ICT Solutions, Inc. (CNVRG), the country’s biggest end-to-end fiber internet provider, makes its fiber network redundant and boosts its service by deploying a third core backbone node as part of its P30 billion capex. "We are all about customers’ online experience. This how we...
The planned telecommunications infrastructure expansion of a fiber internet provider will significantly contribute to the country’s strong economic bounce-back from the coronavirus pandemic, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III During the...
