CONVERGE RECORDS ₱8-BILLION PROFIT, CITING STRONG CORPORATE DEMAND

Converge Information and Communications Technology Solutions Inc. reported a four percent increase in consolidated revenues to ₱34.2 billion in the first nine months of the year, driven by strong corporate internet demand.

Its enterprise division posted 22 percent growth to ₱6.4 billion, with large corporate accounts expanding by 29.3 percent and small and medium enterprises growing by 15.4 percent.

Meanwhile, residential revenues reached ₱27.9 billion, supported by 3.1 million subscribers as of September.

The company recorded a net income of ₱8.1 billion, with EBITDA reaching ₱19.9 billion, while continuing to invest in network expansion and infrastructure.

CEO Dennis Anthony Uy highlighted its international subsea cable investments and the development of a data center in Angeles City, Pampanga, to strengthen connectivity and expand enterprise services.

Source: PhilNews24 | November 7, 2026

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