fiber-broadband | ABS-CBN News

Converge posts P2.2-B net income in Q1; eyes prepaid expansion

ABS-CBN News
Posted at May 11 08:59 AM

Converge ICT Solutions Inc said on Thursday its net income in the first quarter reached P2.2 billion, higher by 10.3 percent compared to the same period in 2022. Read more »

Converge building data center in Parañaque for hyperscalers

Jessica Fenol, ABS-CBN News
Posted at May 05 04:57 PM

Converge ICT Solutions Inc will build a 49MW data center in Paranaque City in the next few years, its co-founder and CEO Dennis Anthony Uy said. Read more »

Prepaid fiber at P50, Converge offers broadband for 'marginalized'

Jessica Fenol, ABS-CBN News
Updated as of May 04 05:26 PM

Converge ICT Solutions Inc has rolled out its new prepaid fiber unlimited broadband products for as low as P50 which aims to cater to marginalized sectors. Read more »

SKY Fiber offers free speed boost to subscribers

ABS-CBN News
Posted at Mar 31 03:10 PM

SKY Fiber on Friday announced it is giving subscribers a boost in speed at no extra cost. Read more »

Globe targets prepaid broadband users

ABS-CBN News
Posted at Aug 23 03:10 PM

Globe Telecom said the postpaid broadband market is already nearing saturation point, which is why it is now targeting prepaid subscribers. Read more »

Converge says net income after tax hit P3.95 billion in Q2

ABS-CBN News
Posted at Aug 11 04:19 PM

Converge ICT Solutions Inc said said its net income after tax grew to P3.95 billion in the first half of 2022. Read more »

Converge gets tax perks for broadband in remote areas

ABS-CBN News
Posted at May 18 01:12 PM

Converge said it has secured the approval of the Fiscal Incentives Review Board (FIRB) for tax incentives for its broadband rollout in remote areas until 2026. Read more »

Converge net income hits P1.97-B in Q1, up 27.2 pct

Jessica Fenol, ABS-CBN News
Posted at May 16 12:07 PM

Converge IT Solutions Inc on Monday said its net income reached almost P2 billion in the first quarter as Filipinos considered fiber connectivity a necessity. Read more »

Converge prices P10 billion maiden bond offering

ABS-CBN News
Posted at Mar 29 11:07 AM

Converge ICT Solutions Inc on Tuesday said it has received regulatory approval for its first P10 billion peso-denominated fixed-rate bonds. Read more »

Converge residential subscribers up 63 percent in 2021

ABS-CBN News
Updated as of Mar 17 01:56 PM

Converge Information and Communications Technology Solutions Inc's net income reached P7.2 billion in 2021 as subscribers grew 63 percent. Read more »

SKY Fiber offers faster speeds in new plans on Feb. 1

ABS-CBN News
Posted at Jan 31 09:39 PM

The new plans also come with free WiFi Mesh units to evenly distribute the internet signal around the house. Read more »

Converge eyes 'slightly' higher 2022 capex

ABS-CBN News
Posted at Dec 29 12:07 PM

Converge ICT Solutions Inc on Wednesday said its capital expenditure for next year could be slightly higher compared to the 2021 spending program. Read more »

Globe migrating all broadband users to fiber by 2022

ABS-CBN News
Posted at Dec 06 03:35 PM

Globe Telecom said Monday it expects to migrate all of its broadband users to fiber technology by 2022. Read more »

Converge deploys nearly 5.5 million ports as of October

ABS-CBN News
Posted at Dec 02 11:03 AM

Converge ICT Solutions Inc said Thursday it has deployed nearly 5.5 million ports from Luzon to Mindanao as of the end of October. Read more »

Converge more than doubles 9-month net income

ABS-CBN News
Posted at Nov 12 03:14 PM

Converge ICT more than doubled its 9-month net income to P5.2 billion due to the increased demand for connectivity and subscriber growth, founder and CEO Dennis Anthony Uy told ANC Friday. Read more »

Converge posts P5.2-B net income on Jan-Sept

ABS-CBN News
Posted at Nov 11 01:35 PM

Converge Information and Communications Technology Solutions Inc posted a net income of P5.2 billion in the first 9 months of the year or more than double the P2.1 billion in the same period last year, it said Thursday. Read more »

PLDT Home says focusing on customers as demand grows

Jessica Fenol, ABS-CBN News
Posted at Nov 09 03:59 PM

PLDT Home said is investing more in improving customer service experience as the internet becomes a necessity during the COVID-19 pandemic. Read more »

Converge says targeting SMEs

Jessica Fenol, ABS-CBN News
Posted at Oct 12 05:17 PM

Converge said it aims to boost the productivity of both large firms as well as SMEs during the pandemic through its brand Converge Business. Read more »

Converge joins FTSE ASEAN Stars Index

ABS-CBN News
Posted at Oct 06 01:04 PM

Converge ICT Solutions on Wednesday said it has been included in the global benchmark Financial Times Stock Exchange (FTSE) ASEAN Stars Index. 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 »