Leading fiber internet provider Converge ICT Solutions Inc. has started deploying collection boxes for electronic waste in three business centers in Pampanga province as it launches its #CountdownToZeroWaste campaign in its hometown Angeles City. With this campaign, Converge hopes to make headway with its sustainability commitment to have zero output to landfill by 2030 by […]Learn More
More investments needed to upgrade PH internet services – ConvergeBy: Sheilah Takeuchi | 12 Oct 2020
Metro Manila (CNN Philippines, September 18) — Upgrading internet speeds in the country is a tall order, the founder of Converge ICT Solutions admitted Friday as he vowed to keep improving his network’s services.
Speaking to CNN Philippines’ The Exchange, Converge chief executive officer Dennis Anthony Uy said there are a number of hurdles in the way of faster and more reliable connections.
“A lot of factors play here. First, we need to upgrade our infrastructure, whether for mobile or wired internet. Other players are focused in mobile connectivity, and you need to keep on upgrading,” Uy said, adding that there’s a need to continuously upgrade technology to catch up with neighboring countries.
“Overall, only 6 percent (are covered by) high-speed broadband, which is fiber. We need to upgrade and modernize access networks, we need to upgrade our domestic backbone to increase capacity — but they are all capital intensive and time-consuming,” he added, noting that old DSL (digital subscriber line) connections are still widely used in the Philippines.
Converge provides high-speed connectivity to over 730,000 homes as of June, with plans to expand their service area nationwide. The startup founded by Uy in Pampanga has been in the market offering connections via fiber optics since 2012, and they ready for more.
Converge plans to go public in October, where it is set to raise ₱35.9 billion by offering shares priced ₱24 each. The firm earlier reported ₱9.14 billion revenues in 2019.
Among the stumbling blocks in the Philippines are a low cell site penetration, limited and dated telecommunications infrastructure, and geographical constraints with over 7,000 islands up for connection, Uy said.
Meanwhile, the company executive added that they are doing what they can to resolve reported poor customer service, saying Converge is fast-tracking processes and enhancing support channels through the hiring of call center and installation workers.
Converge earlier claimed that it is the biggest high-speed fixed broadband operator in the country, taking a 54 percent share in subscriptions for high-speed residential connections. Through fiber optic rather than copper cables, Converge said its broadband deals offer speeds which are 2.2 times faster than that offered by competitors.
Leading fiber broadband provider Converge ICT Solutions Inc. has hit its two million fiber port rollout target for 2022, indicating high availability of its service to meet the country’s increasing demand for high-speed connectivity. As of December 31, 2022, Converge has already deployed more than two million fiber ports in Luzon, Visayas, and Mindanao, further […]Learn More
Converge CEO Dennis Anthony Uy stresses value of education, donates 3-hectare land to alma mater in Pampanga
Giving back to the institution that honed him to become the successful businessman he is today, Converge ICT Solutions Inc. CEO and Co-Founder Dennis Anthony Uy has donated three hectares of land to his alma mater Chevalier School in Angeles City, Pampanga, underscoring the value of education just like what his late father used to […]Learn More