Quick Take: Converge sputters and 5 more market updates
The slowing customer growth numbers that CNVRG released in Q1 and Q2 were more fuel for this fire
Source: philstar.com
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The slowing customer growth numbers that CNVRG released in Q1 and Q2 were more fuel for this fire
Quick takes from around the market.
All that said, it sounds like HOUSE’s equity investors aren’t as rabid to exit as Coherent Cloud was with CNVRG, so they’re willing to wait a bit to get a better valuation.
Fiber broadband provider Converge ICT Solutions Inc. is open to taking in new strategic investors as the exit of Warburg Pincus affiliate Coherent Cloud Investments in the company looms.