Published May 11, 2021, 9:48 AM
Pure fiber data network and internet service provider Converge Information and Communications Technology Solutions, Inc. has expanded its fiber assets to serve another million customers this April and is on track to cover 55 percent of Philippine households by 2025, Founder, CEO, and Executive Director Dennis Anthony H. Uy announced last night.
As of end-April, 2021, the company’s total fiber assets totaled 370,000 kilometers, with over 69,000 kilometers in its fiber backbone and distribution network and over 300,000 fiber kilometers in its last mile network, serving over one million customers.
As of end-2020, its all-fiber network already passed over six million Filipino homes, accounting for 25 percent of total households.
Converge ICT connects Visayas, Mindanao to its fiber backbone
Apr 29, 2021 6:25 PM PHT
Listed fiber provider Converge ICT Solutions is set to enter the Visayas and Mindanao markets, as it has completed connecting the island groups to its P6-billion submarine cable project.
In a statement on Thursday, April 29, Converge said Cagayan de Oro City in Mindanao is now connected to its national fiber backbone with the landing of submarine cables on Wednesday, April 28.
The Visayas, meanwhile, was connected through the town of San Remigio in Cebu province. Soon, Panay, Negros, Leyte, and Bohol will be linked to the national backbone.
Converge ICT adds women execs to leadership team
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Fiber broadband provider Converge ICT has announced the appointment of two female executives to its leadership team as the company expands its talent pool to support its massive growth.
Converge ICT treasurer and deputy chief finance officer Christine Renee Blabagno (left) and corporate compliance officer Laurice Esteban-Tuason (Photo credit: Converge ICT)
Christine Renee Blabagno, former chief financial officer of the Philippine Business for Social Progress (PBSP), the country’s largest corporate-led social development foundation, has been named as treasurer and deputy chief finance officer.
Lawyer Laurice Esteban-Tuason, former compliance director for media giant ABS-CBN Corp., was designated as corporate compliance officer.
BusinessWorld
April 22, 2021 | 12:09 am
LISTED fiber internet provider Converge ICT Solutions, Inc. announced on Wednesday that it would invest more than $100 million in a new transpacific cable system aimed at increasing internet speeds and network diversity in the country.
“Our investment into one full fiber pair, connecting us to Singapore and the west coast of North America, will allow us to independently activate at will up to 15Tbps (terabits per second) of capacity to either country using the latest technology,” Converge Chief Executive Officer and Co-Founder Dennis Anthony H. Uy said in an e-mailed statement.
Converge said it signed a binding term sheet with Keppel Midgard Holdings Pte. Ltd., a wholly owned subsidiary of Singapore’s Keppel Telecommunications & Transportation, to grant the Philippine fiber internet provider an “indefeasible right of use” or IRU for one fiber pair on the main trunk of Bifrost Cable System.