Broadband provider Converge ICT Solutions Inc. has officially joined the basket of blue-chip companies, the Philippine Stock Exchange Index (PSEi) together with AC Energy. Converge had qualified for early inclusion after passing the criteria set by the Philippine Stock Exchange (PSE) in its amended...
With continued subscriber take-up, high-speed fixed broadband operator Converge Information and Communications Technology Solutions, Inc. (Converge) revenues soared 81.5 percent to P11.781 billion while earnings more than doubled to P3.252 billion in the first half of this year versus the same...
End-to-end fiber internet service provider Converge ICT Solutions Inc. recently expanded its network in South, Central and North Luzon as part of its ‘Go Deep’ strategy. The goal is to deepen its penetration in existing markets as well as reach untapped provinces, especially in North Luzon....
Fiber internet service provider Converge ICT Solutions Inc. is building a P1 billion Cebu data center to meet demand surge in Visayas and Mindanao. "We just bought a property in Mandaue where the site will be built,” Converge CEO and Co-Founder Dennis Anthony Uy Tuesday, (June 15) announced,...
Investors in the local stock market will be closely watching the COVID numbers after the easing of quarantine measures in the nation’s capital while also waiting for the release of employment this week. “Next week, the local market may decline if our country’s COVID-19 situation further...
Fiber broadband provider Converge ICT Solutions Inc. elected its board members, led by former Department of Public Works and Highways (DPWH) and Department of Transportation and Communications (DOTC) Secretary Jose P. de Jesus as Chairman and Independent Director, during last week's Annual...
Keppel Telecommunications & Transportation’s (Keppel T&T) wholly-owned subsidiary, Keppel Midgard Holdings Pte. Ltd. (KMH), and Converge ICT Solutions Inc. have virtually signed definitive agreements for the latter's P5 billion investment in the Bifrost Cable System linking Singapore 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...