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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

JG Summit FY23 profit: P19.6-B (up 216%)

JG Summit, the Gokongwei Family’s diversified conglomerate, teased its FY23 financial results headlined by a 216% increase in the company’s net income to P19.6 billion......»»

Category: financeSource:  philstarRelated NewsMar 27th, 2024

Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion

Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»

Category: newsSource:  metrocebuRelated NewsMar 7th, 2024

DOTr collects P19 milion fines from illegal PUVs

The Department of Transportation has collected P19 million in fines during its nationwide crackdown on illegal or colorum public utility vehicles from Feb. 1 to 2.....»»

Category: newsSource:  philstarRelated NewsFeb 25th, 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

Converge ICT Solutions, Dito Telecommunity sign Master Facilities Provisioning DEAL to share assets

Converge ICT Solutions, Dito Telecommunity sign Master Facilities Provisioning DEAL to share assets.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 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

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

OceanaGold IPO price set

OceanaGold Inc. , the operator of Didipio gold and copper mine in Nueva Vizcaya, pegged its initial public offering price at P13.33 per share, more than a fifth lower than its earlier announced maximum price of P17.28 per share......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

UnionBank prices SRO at P30.57 per share

Union Bank of the Philippines has set the price of its stock rights offering at P30.57 per share, below the price range of P33.73 to P38.23 per share it provided a week ago......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

Converge and DITO team up to share select fiber optic cable infrastructure

Converge and Dito Telecommunity put out a joint press release yesterday to announce the signing of what they call a Master Facilities Provisioning Agreement (MFPA) for the sharing of select land-based and undersea fiber optic cable assets......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Union Bank sets SRO entitlement ratio at 0.11:1

Union Bank set the price of its stock rights offering at P30.57/share, and set the entitlement ratio at 1 rights share for every 9.1382 UBP shares owned, or 0.11 new shares for every existing share......»»

Category: financeSource:  philstarRelated NewsMay 3rd, 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

Converge blocks nearly 12B entry attempts to illegal sites

Converge blocks nearly 12B entry attempts to illegal sites.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 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