Ayala-led telecommunications provider Globe Telecom Inc. aims to capture a larger share in the broadband market in the near term, as demand for higher data capacity rises and the threat from new players becomes more apparent. Carl Cruz, president and chief executive officer (CEO) of Globe, said the...
As digital transformation accelerates globally, digital sovereignty is becoming increasingly relevant among governments and organizations that want to keep full control of their data. It means having full ownership and authority on where their data lives, who can access it, and how it’s used in...
Telco-to-tech provider Converge ICT Solutions Inc. is set to activate before the end of the year two subsea cable systems that would link the Philippines to other connection points in the Asia-Pacific region, stimulating quicker internet speed and data transmission. Converge Chief Executive Officer...
Telco-to-tech provider Converge ICT Solutions Inc. will proceed with plans to spin off its extensive fiber network as a new unit to fully maximize its assets once the implementing rules and regulations (IRR) of a law expanding internet access is finalized. Converge Chief Executive Officer (CEO)...
Publicly listed telecommunications firms, particularly market leaders PLDT and Globe Telecom, are taking a beating on the local stock market as investors shy away due to the potential impact of the Konektadong Pinoy Act and new online gambling restrictions on e-wallets. “The sector has been on...
The telecommunications industry is urging the government to ensure strong safeguards for consumers under the implementing rules and regulations (IRR) to be crafted for the Konektadong Pinoy Act, which recently lapsed into law. The bill, also known as the Open Access in Data Transmission Act,...
Just days away from its potential passage into law, the leading figure behind Converge ICT Solutions Inc. expressed support for the contentious Konektadong Pinoy bill, in contrast to the opposition voiced by other major players in the telco industry. Despite his company being among the four leading...
Telco-to-tech provider Converge ICT Solutions Inc. is cutting its revenue growth outlook for the year down to 10 to 12 percent despite posting a robust first-half performance and an overall strong demand. In a disclosure to the Philippine Stock Exchange, the Uy-led telco reported that its net...
It’s been a while, but Malacañang remains tight-lipped on the “Konektadong Pinoy” bill that aims to provide free Wi-Fi access, especially in Geographically Isolated and Disadvantaged Areas (GIDA), by liberalizing the telecommunications sector and expanding data connectivity. Yes, Virginia,...
Broadband and technology provider Converge ICT Solutions Inc. announced that an Asia Pacific subsea cable system has reached Philippine shores, enabling the country’s digital transformation and deeper trade ties in the region. In a statement, Converge said it has now linked the Philippine branch...
Only five companies from the Philippines made it to Forbes Asia’s 2025 Best Under A Billion list, which recognizes 200 top-performing small and mid-sized listed companies in the Asia-Pacific region. Filipino companies in the list are led by Converge Information & Communications Technology...
Fiber broadband and technology provider Converge ICT Solutions Inc. said its data center in Caloocan City, which is expected to boost the firm’s data delivery capacity, has completed construction with operational testing already underway. Converge said its Caloocan Data Center finished...