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DITO aiming for 6 million subscribers this year

Warren de Guzman, ABS-CBN News
Posted at Sep 09 03:33 PM

The country’s third major telco said it also passed its second technical audit and will launch a “fiber-like” 5G fixed wireless service later this year. Read more »

Converge joining FTSE Global Equity Index

ABS-CBN News
Posted at Sep 07 04:46 PM

Converge ICT Solutions Inc on Tuesday said it will join the Financial Times Stock Exchange (FTSE) Global Equity Index this month. Read more »

Converge inks P3 billion loan with LANDBANK

ABS-CBN News
Posted at Sep 03 10:59 AM

Converge said it will use the loan to fund its fiber network expansion and the working capital requirements of the company. Read more »

Globe says DPWH contractors' diggings cut fiber cables

ABS-CBN News
Posted at Aug 26 01:16 PM

Globe Telecom asked public works contractors to be more careful when digging up roads as they sometimes the telco’s cut fiber optic cables. Read more »

PH internet speed improves further in July: Ookla

ABS-CBN News
Posted at Aug 19 11:15 AM

Internet connectivity in the country has shown continued improvement in July, according to the latest Ookla's Speedtest Global Index. Read more »

PLDT targets SMEs with home broadband deal

ABS-CBN News
Posted at Aug 18 09:16 PM

PLDT is bundling UnionBank’s Globallinker, PayMaya and logistics and delivery services from Grab and LBC into its SME broadband subscription. Read more »

PLDT invests $80 million in APRICOT cable system

ABS-CBN News
Posted at Aug 16 09:49 AM

PLDT Inc on Monday said it would invest $80 million (P3.9 billion) in a new international undersea cable system to expand its bandwidth capacity. Read more »

Converge: Growth sign of demand for better connectivity

ABS-CBN News
Updated as of Aug 13 12:06 PM

Converge Information and Communication Technology Solutions Inc said Friday its subscriber growth and net profit surge despite the COVID-19 pandemic is "clear sign" of demand for better internet connectivity. Read more »

Converge books 158 pct rise in H1 net income

ABS-CBN News
Updated as of Aug 12 12:14 PM

Converge’s net income surged 149 percent in the first half to P3.25 billion from P1.26 billion in the same period last year, the company disclosed on Thursday. Read more »

Globe posts P13-billion net income

ABS-CBN News
Posted at Aug 06 12:13 PM

Globe Telecommunication’s net income hit P13 billion for the first semester of 2021, higher by 13 percent compared to the same period last year, it said Friday. Read more »

PLDT says 'open' to idea of selling telco towers

Jessica Fenol, ABS-CBN News
Updated as of Aug 05 09:32 PM

PLDT said is looking at selling a certain number of telco towers that are not strategic in maintaining its position. Read more »

PLDT posts P15.2-B core income in H1, up 10 pct

ABS-CBN News
Posted at Aug 05 02:41 PM

PLDT said its telco core net income in the first six months of the year hit P15.2 billion, up 10 percent, helped by lower tax rates. Read more »

Philippine mobile, broadband internet speeds improved in June: Ookla

ABS-CBN News
Posted at Jul 20 05:26 PM

MANILA - The Philippines' broadband and wireless network speeds improved in June, according to the latest Ookla 2021 Speedtest Global Index. Read more »

DITO expands to 17 more areas, extends promos

ABS-CBN News
Posted at Jul 01 01:50 PM

DITO Telecommunity has expanded to 17 more areas in the country making its services available to 140 cities nationwide, the telco said on Thursday.    Read more »

Internet glitch cuts short Palace briefing

ABS-CBN News
Posted at Jun 17 06:39 PM

A problem with internet connectivity on Thursday forced Malacañang to cut short its press briefing.    Read more »

Globe says home broadband market 'hyper competitive' due heightened demand

Bruce Rodriguez, ABS-CBN News
Posted at Jun 01 05:29 PM

Globe says home broadband market 'hyper competitive' due to fiber demand Read more »

Converge ICT says may give free boost up to 100 Mbps this year

ABS-CBN News
Updated as of May 19 01:35 PM

Converge ICT can boost the speed of its baseline subscribers from 35Mbps to 50 Mbps or even 100Mbps this year if it hits its milestone of getting 1.75 million subscribers before the end of 2021, the telco’s CEO said on Wednesday.  Read more »

Converge ICT, Starlink satellite internet service unlikely this year

Bruce Rodriguez, ABS-CBN News
Posted at May 17 07:23 PM

Converge ICT said it may not offer satellite broadband services this year as talks with Elon Musk's SpaceX Starlink project remain far from being finalized. Read more »

DITO aims for 1.75 million subscribers by year end, denies drop in speed

Warren de Guzman and Art Fuentes, ABS-CBN News
Posted at May 17 05:49 PM

DITO Telecommunity is now present in 100 cities and municipalities all over the Philippines and already has around half a million subscribers, officials of the telco said during the launch of its services in the National Capital Region on Monday.    Read more »

Globe Telecom signs $100 million loan to fund capex

ABS-CBN News
Posted at May 17 02:09 PM

Globe Telecom signed a term loan facility with Bank of China (Hong Kong) for $100 million or around P4.8 billion to finance its capital expenditures, the company disclosed to the stock market on Monday.  Read more »