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...
Business process outsourcing company, MDS Call Solutions, Inc. (MDSCSI) takes its voice and digital services up a notch with Globe. MDSCSI collaborated with Globe’s enterprise arm, Globe Business, to support its Amazon Web Services (AWS) cloud migration and SMS Application Programming Interface...
Prior to the onslaught of the country's first typhoon this year and in preparation for the launch of its mobile community app for fisherfolks, Globe Telecom, Inc. distributed mobile phones to 93 fishermen in Sariaya, Quezon. The Globe initiative was in support of the order of Quezon Province...
Regardless of quarantine Regardless of the quarantine level that the government will decide on, businesses said they are now ready to reopen safely and are confident of achieving their growth targets for the year. In a virtual forum on “Actions and Solutions to Safely Reopen the Economy”...
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...
Vértere Global Solutions, Inc., a wholly-owned Filipino IT staffing solutions provider, sees slight decline in growth this year due to the pandemic, but expects robust demand for highly-skilled workers as companies continue their digital transformation to remain competitive....
In the midst of a pandemic that halted most business activity for months, 21 Filipino companies managed to maintain their sustainability initiatives and win at the recent Asia Corporate Excellence & Sustainability (ACES) Awards. In awarding ceremonies held online last 10 November, 21 companies...
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...
The Securities and Exchange Commission (SEC) has approved the planned P41.55 billion initial public offering of broadband service provider Converge Information and Communications Technology Solutions, Inc. In its meeting on September 24, the Commission En Banc resolved to render effective the...
