Converge adjusts 2024 revenue forecast to 12-14% following Q2 …
WEBAug 15, 2024 · CONVERGE ICT Solutions, Inc. has revised its revenue growth forecast for 2024 to between 12% and 14%, up from the earlier estimate of 7-8%, driven by market optimism after stronger second-quarter (Q2) earnings.
Investors bullish on Converge as it continues to expand
WEBJan 9, 2023 · INVESTORS rallied behind Converge ICT Solutions, Inc. last week as the fiber internet provider announced its expansion overseas. Data from the Philippine Stock Exchange (PSE) showed a total of 44.86 million shares worth P754.81 million were traded from Jan. 3 to 6, making it the eighth most active stock last week.
News - Converge ICT
WEBAfter a two-year hiatus, the golf tournament organized by leading fiber broadband provider Converge ICT Solutions – known as the J3 Cup – is returning for its second year, and bringing together stakeholders and clients for a day of competition and camaraderie.
Converge Taps Ribbon to Deploy Cutting-edge Optical …
WEBJul 22, 2024 · Converge is breaking ground on Ribbon's chipset that will expand its fiber network capacity from its existing 800 Gigabits per second (Gbps) to 1.2 Terabit per second (Tbps) per channel...
Converge logs 11.5% revenue growth, industry-leading subscriber ...
WEBMay 11, 2023 · Leading fiber broadband provider Converge ICT Solutions Inc. has reported a double-digit consolidated revenue growth of 11.5% to P8.6 billion from January to March this year compared to the same period last year, driven by its industry-leading subscriber acquisition and thriving enterprise business.
Converge says services to be fully restored by 12 noon, June 17
WEBJun 17, 2024 · Internet provider Converge Information and Communications Technology Solutions Inc. on Monday said it is working to restore its services by 12 noon on Monday, June 17, as its users may have experienced connectivity issues starting earlier in the day.
Converge revenues jump 7% YoY to P26.25B at end Q3 2023 as …
WEBNov 10, 2023 · Converge posted a 7% increase in consolidated revenues to P26.25 billion at the end of September 2023 compared to the same period last year.
Converge ICT Solutions surges in subscriber growth, revenue in …
WEBNov 10, 2023 · Converge ICT Solutions Inc. (PSE: CNVRG), the Philippines’ premier pure-play high-speed fixed broadband provider, has reported a significant upswing in its performance for the third quarter of 2023. The company reached a milestone with 2,048,286 subscribers, boasting a remarkable net addition of 170,925 for the first nine months of …
Converge to upgrade speed of residential base plans for free
WEBNov 10, 2022 · In a regulatory filing, Converge said it will permanently double the speed of the base FiberX Plan 1500 to reach up to 200 megabits per second (Mbps) starting Friday, November 11, 2022. It will also implement similar boosts for existing subscribers of the FiberX Plan 2500 to 600 Mbps, while maintaining …
Converge Reports Record Q4 and FY 2023 Results - PR Newswire
WEBMar 6, 2024 · Gross profit of $702.9 million, an increase of 27.6% from $550.8 million for the comparative period in the prior year. Adjusted EBITDA 1 of $170.3 million, up $27.4 million or 19.2% year over year...
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