February 13, 2022 | The Converge ICT Solutions Inc., currently serving fiber optic internet access in Metro Manila, Calabarzon, Central Luzon, and several parts of the Bicol and Ilocos Regions and continues to expand its coverage across the country.
In a meeting with General Santos City Mayor Ronnel C. Rivera and the officials of the City Economic Management and Cooperative Development Office (CEMCDO), Converge’s Chief Operating Officer Mr. Dennis Anthony Uy and Chief Operating Officer Boboy Romero reveal that his company considers General Santos City as a potential area for its expansion.
Currently going deep and national through its Completed Domestic Subsea Cable Project, this company has spent P6B investment to connect the country’s major islands to the Converge National Fiber Backbone. It has an existing 1,800 kilometers subsea cables, 20 landing stations covering 90,000 kilometers of Terrestrial Fiber Backbone which allowed it to finally serve Mindanao. Currently, it is already in Davao City.
Converge was granted by the Congress of the Philippines in 2009, under Republic Act No. 9707 the franchise to construct, install, establish, operate and maintain a telecommunication system throughout the Philippines. In 2020, Converge ICT Solutions Inc. debuted in the Philippine Stock Exchange through an initial public offering. In 2021, Mr. Uy told local media that a deal “is on” with Satellite Internet provider Starlink and reveals that demand for the company’s services surged during the pandemic, with an estimated 84% jump in revenue during the first quarter of the 2021 fiscal year. In 2021, the company also partnered with the Department of Trade and Industry (DTI) and local governments to provide free fiber-powered internet and tents at Diskwento Caravan. In October 2021, Converge ICT completed the domestic subsea cable project, with ₱6 billion investment cost. (VTP)
