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New data center to protect users from internet outage — Converge

CONVERGE ICT Solutions, Inc. will put up another data center to protect its subscribers from internet outages in the future, its top official said.

Converge, partner target unserved communities

CONVERGE ICT Solutions has signed a partnership deal with the American global network infrastructure provider, CommScope, Inc., to build an internet backbone that will connect unserved and underserved communities in the Philippines.

Converge slips as wary investors find price tag ‘overvalued’

CONVERGE ICT Solutions, Inc. debuted in a wobbly footing as investors found its price too expensive, making it the most actively traded issue last week.

Converge shares slide on stock market debut

SHARES in Converge ICT Solutions, Inc. declined on their first day of trading at the Philippine Stock Exchange (PSE), after completing a P29.1-billion (around $600-million) initial public offering (IPO) amid the coronavirus pandemic.

Converge makes market debut amid pandemic

CONVERGE ICT Solutions, Inc. is set to debut on the  local stock market today (Oct. 26), with the fiber internet provider only the second company to conduct an initial public offering (IPO) this year amid the pandemic.

Converge cuts maximum IPO share price to P19

CONVERGE ICT Solutions, Inc. has trimmed the maximum share price for its planned initial public offering (IPO) this month to generate a maximum of P32.89 billion.

Converge steps up nationwide expansion

FIBER internet provider Converge ICT Solutions, Inc. is stepping up its nationwide expansion as it aims to connect “millions of unserved and underserved” households and businesses by 2021, its top official said.

Converge ICT picks banks for $700 million IPO

Converge ICT Solutions Inc. has selected banks for its planned initial public offering that could raise about $700 million, according to people familiar with the matter.

Converge founder scraps plan to acquire Vulcan

VULCAN Industrial & Mining Corp. said the firm owned by Pampanga-based businessman Dennis Anthony H. Uy has backed out of the deal to acquire a majority stake in the company.

Converge to bring fixed broadband to the Visayas, Mindanao by 2021

CONVERGE ICT Solutions, Inc. said its fixed broadband service may arrive in the Visayas and Mindanao regions by 2021 as it aims to start within the year the buildout of its fiber backbone outside Luzon.

Fresh funds seen to boost Converge’s expansion efforts

CONVERGE ICT Solutions, Inc. is seen to become a “more formidable player” in the fixed broadband segment, after the company received fresh funds from a United States-based private equity firm, according to an economic research firm.

Converge partners with Baguio electric coop

CONVERGE ICT Solutions, Inc. is tapping a Baguio-based electric cooperative to expand its operations in the northern Luzon province.

Converge upgrades internet speeds for subscribers

CONVERGE ICT Solutions, Inc. is upgrading its internet speeds at no cost to its subscribers in a bid to expand its subscriber base as it rolls out services in more parts of the country.

Converge partners with ICT firms as it expands fiber internet service

Converge ICT Solutions, Inc. announced on Wednesday it is forging new partnerships with local and foreign companies as it looks to speed up its...