The Department of Trade and Industry (DTI) has partnered with Converge ICT Solutions Inc. to launch the country’s first artificial intelligence (AI) training hub aimed at helping micro, small, and medium enterprises (MSMEs) and emerging startups grow in an increasingly digital environment....
Telco-to-tech provider Converge ICT Solutions Inc. is slashing its revenue and spending targets for the year, as profits plunged in the first half on the back of inflationary pressures. Based on a regulatory disclosure, Converge is recalibrating its revenue target this year to a growth range of...
The long-delayed ₱2.5-billion information and communications technology (ICT) infrastructure project in New Clark City may have found new life, as Converge ICT Solutions Inc. looks to participate in the proposed Pax Silica artificial intelligence (AI) hub. Converge Chief Executive Officer (CEO)...
The country’s three largest broadband providers are teaming up for a landmark submarine cable project aimed at closing the connectivity gap once and for all, with a potential investment pegged at $500 million, or roughly ₱30.63 billion. Department of Information and Communications Technology...
Converge ICT Solutions Inc. maintained its position as the country’s broadband provider to beat after delivering the fastest internet in the first half of 2026, according to internet analytics firm Ookla. Based on Ookla’s analysis, Converge registered the highest connectivity score in the...
While stock analysts expect Maynilad Water Services Inc. to be a shoo-in for the Philippine Stock Exchange index (PSEi) next month, the bourse’s revamped criteria for index inclusion are expected to make Aboitiz Power Corp. (AboitizPower) and Synergy Grid & Development Philippines Inc. (SGP)...
Converge ICT Solutions Inc. has named former senior associate justice Estela Perlas-Bernabe as the new chairperson of its board of directors, leading the company in its efforts to become a prominent technology provider. In a disclosure to the Philippine Stock Exchange (PSE), Converge announced that...
Telco-to-tech provider Converge ICT Solutions Inc. is doubling down on its plan to spend up to ₱23 billion in capital expenditures (capex) this year to support network operations and capture more demand for connectivity, even as operating costs increase due to supply chain volatility. Converge...
Telecommunications provider Converge ICT Solutions Inc. is boosting the speed of its flagship internet plan by up to 50 megabits per second (Mbps) in response to growing demand for faster connectivity, as work-from-home schemes gain popularity due to rising fuel prices. Converge is increasing the...
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...
