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Will DAU get SkyCable at his price?

Dennis Anthony Uy of Converge ICT may be playing coy now about his interest in SkyCable, but according to industry analysts who have been watching Converge’s aggressive push for its fiber optic network, Converge and SkyCable are the perfect fit......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Converge doubling capex in 2024

Broadband provider Converge ICT Solutions Inc. is doubling its capital expenditures to as much as P19 billion this year to pay for new projects that aim to improve customer experience......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Converge dominates Ookla’s Speedtest Awards, now reigns as Philippines fastest internet

Fiber internet provider Converge ICT Solutions has dominated the Ookla Speedtest Awards in the second half of 2023 and has been declared as the Fastest Internet Service Provider in the Philippines, toppling competition which held the title for the past five years......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

As door closes for Sky, window opens for Converge

Is cable TV in the Philippines dead? Broadband provider Converge ICT Solutions Inc. thinks otherwise, as it plans to even expand its presence in the pay TV segment with the impending shutdown of a major player......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

Converge tops broadband speed in 2023

Broadband provider Converge ICT Solutions Inc. snapped the five-year streak of PLDT Inc. as the operator to beat in the Philippines as it claimed the top spot in 2023 for turning in the fastest internet speed......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Converge allots P5 billion for data centers

Broadband provider Converge ICT Solutions Inc. will allocate up to P5 billion for the delivery of data centers in the next three years to house its planned digital platforms......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Converge, Dito agree to share cable assets

Connectivity firms Converge ICT Solutions Inc. and Dito Telecommunity Corp. have decided to work together and have signed an agreement to share their cable assets to expand their coverage and improve services......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Tallo mum on Converge FiberXers contract termination

CEBU CITY, Philippines—Cebuano cager Mac Tallo kept mum on The Converge FiberXers’ announcement to terminate his contract with them in the Philippine Basketball Association (PBA). CDN Digital reached out to Tallo but he decided not to speak about the issue. On Wednesday, February 7, The Converge FiberXers released a statement announcing their termination of Tallo’s.....»»

Category: newsSource:  inquirerRelated NewsFeb 7th, 2024

Sherilyn Reyes binabayaran pa rin ang P35-M na utang matapos ma-scam

UMABOT pala sa P35 million ang kailangang bayaran ng aktres na si Sherilyn Reyes-Tan matapos ma-scam sa kanyang bag business. Talaga raw namulubi si Sherilyn at ang kanyang pamilya nang todo dahil sa panloloko sa kanya ng isang doktorang kliyente niya na kumukuha sa kanya ng mga branded bags para maibenta. Limang taon na raw.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024

P35 million allotted for Araw ng Dabaw

DAVAO CITY (MindaNews / 27 February)—The City Government of Davao has allocated P35 million for this year’s Araw ng Dabaw, P8 million more than last year’s celebration, a city councilor said. Councilor Myrna Dalodo-Ortiz, who chairs the finance, ways and means and appropriations committee, said that the city government’s allocation for the annual event includes […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

CREC earmarks P35 billion capex for RE projects

Citicore Renewable Energy Corp. is allocating P35 billion for capital expenditures this year as it continues to bolster its renewable energy portfolio......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

P35.4 million shabu seized in Zamboanga, Iloilo stings

Shabu with an estimated street value of P35.4 million was seized in anti-narcotics operations in Zamboanga City and Iloilo on Wednesday......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2024

Citicore Renewable Energy IPO scheduled for May 31

Citicore Renewable Energy Corporation [CREC 3.88 pre-IPO] [link], the parent company of Citicore Energy REIT [CREIT 2.85 unch; 37% avgVol], has scheduled its IPO for May 31 after postponing its listing due to market conditions and negotiating a P5 billion stock sale of CREIT shares to the SM Investments [SM 975.00 ?0.5%; 156% avgVol] group......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

SM Prime rethinking 2024 SM REIT listing plans

Property developer SM Prime added to concerns that it might delay the IPO of its monster $1 billion REIT when one of its directors, Hans Sy, said that the company’s cashflow is “very strong”, and that while he’s “not ruling [an SM REIT IPO] out this year”, he doesn’t yet see a “purpose” to “immediately go into an IPO”......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

ICT FY23 net income down 17% to US $511-M

International Container Terminal Services, the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal, and to various other increases in expenses and liabilities......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Institutionalize space allocation for ICT infrastructure in development projects – think tank

Legislators should adopt a no-lease policy in a pending legislation requiring real estate developers to allocate space for information and communication technology (ICT) infrastructure in all existing and new development projects, according to international think tank Stratbase Institute......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Ookla president visits Philippines, recognizes exceptional Converge network

On April 4 Ookla President and CEO Stephen Bye was warmly received by the top executive team of Converge......»»

Category: newsSource:  bulatlatRelated NewsApr 8th, 2024

Magnolia nagmantas batok Converge

Magnolia nagmantas batok Converge.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

No-quit NorthPort outlasts Converge in OT for breakthrough win

NorthPort takes advantage of a careless Converge squad to complete a come-from-behind overtime win after trailing by 17 points early in the fourth quarter.....»»

Category: newsSource:  rapplerRelated NewsMar 4th, 2024

Converge goes Boost Mode, Paints the Nation Purple

Homegrown internet provider Converge further boosts the speed of their internet services via “Boost Mode” to all of their existing subscribers without additional charges on February 22, 2024.  Fresh from bagging four recognitions in the 2023 Ookla Speedtest Awards as the Top Rated Internet Experience, Best Internet Gaming Experience, Best Internet Video Experience, and Fastest.....»»

Category: newsSource:  inquirerRelated NewsFeb 23rd, 2024