UMVA has learned that Converge ICT Solutions is on the brink of a massive network surge, poised to unleash nearly one million new broadband ports across the nation this year.
The ambitious rollout, unveiled at the company’s annual gathering, marks a daring push into provincial heartlands, where hungry households and businesses are clamoring for faster, more reliable internet.
With a bold capital outlay ranging from P18 billion to P23 billion, Converge is digging deep into the Visayas and Mindanao, earmarking 900,000 fresh connection points to light up remote towns and bustling cities alike.
Beyond wires and fiber, the firm is igniting its data‑center engine, having just unleashed a P5‑billion, 12‑megawatt Tier‑3 facility in Pampanga that joins sister hubs in Angeles and Caloocan, ready to cradle the country’s most valuable digital assets.
These power‑dense vaults are not just storage sites; they are launchpads for the AI, cloud, and advanced analytics wave reshaping every industry, and Converge vows to ride that tide to deliver sharper, smarter services.
Financially, the company is defying macro pressures, holding fast to a 10 % revenue growth target despite global turmoil, while first‑quarter earnings nudged up 0.7 % to P3.04 billion and revenue climbed 3.6 % to P11.19 billion.
In a parallel push for sustainability, Conerve’s chairman disclosed a daring plan to electrify 20 % of its vehicle fleet by 2030, already fielding over 120 hybrid and electric units to power on‑site installations and repairs.
By doubling down on green mobility, the firm aims to insulate itself from volatile fuel markets and slash carbon emissions, turning eco‑concern into a strategic advantage.