Converge ICT Solutions CEO and Executive Director Dennis Anthony Uy on Friday called the attention of the Department of Public Works and Highways, whose road works and diggings damaged several of the telecommunication firm’s underground fiber cables. “Hundreds of our Converge subscribers were...
Converge Adds 1_3Tbps International Capacity Fiber broadband operator Converge ICT Solutions Inc. has boosted its international network capacity by 1.3 TeraBits per second (Tbps) in the C2C cable system, making its submarine cable configuration fully redundant. The C2C cable system is part of the...
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...
Fiber broadband operator Converge ICT Solutions Inc. completed its redundant fiber backbone in Mindanao meant to improve service and protect against cable breaks. The ‘Mindanao redundancy loop’ strengthens Converge's 90,000-kilometer pure fiber backbone. The newly-completed segment, in...
media Fiber broadband operator Converge ICT Solutions Inc. has deployed 5.5 million ports as of end October 2021, connecting the northernmost region of Luzon to Visayas and the southern cities of Mindanao. A port in networking is a software-defined number associated to a network protocol that...
Meta3 With its residential business driving growth and subscriber take-up going strong in the pandemic, pure-play high-speed fixed broadband operator Converge Information and Communications Technology Solutions, Inc. (Converge) netted P5.2 billion earnings, up 27.6, on P18.831 billion revenues, up...
Screenshot_20211029-105956_Yahoo Mail Fiber broadband operator Converge ICT Solutions Inc. this month completed its P6-billion domestic submarine cable connecting the country’s major islands - Luzon, Visayas and Mindanao, to its national fiber backbone. The 1,800 kilometer subsea cable makes its...
Local internet provider Converge ICT Solutions Inc. will soon be traded over-the-counter in America's financial markets via unsponsored American Depositary Receipts (ADRs) registered with the US Securities and Exchange Commission (SEC) to raise $2.5 million (approximately P125 million). Meta3 An...
Fiber broadband provider Converge Information and Communications Technology Solutions, Inc. took out a P3 billion term loan with state-owned Land Bank of the Philippines (LANDBANK) to fund its terrestrial and subsea domestic fiber backbone network. Meta3 The total loan package from LANDBANK also...
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....
