As AI transforms businesses, Dennis Uy’s Converge ICT hunts for new growth

Insider Spotlight

• Dennis Uy is exploring new AI business models to expand Converge beyond traditional connectivity.
• AI could disrupt major customers such as BPOs, creating both risks and new business opportunities.
• Enterprise revenues surged 22 percent as residential broadband growth slowed 

Converge ICT Solutions co-founder Dennis Anthony Uy is looking years ahead in the race for artificial intelligence (AI), exploring new ways to make money from the technology as it threatens to disrupt traditional businesses.

The next step could see Converge selling computing power and AI services to corporate customers, building on its existing fiber network, international submarine cables and data centers.

The strategy comes as AI raises questions about future demand from industries such as business process outsourcing (BPO), an important market for Converge's fast-growing corporate business.

Beyond selling internet

"AI is not a passing trend or hype. AI is here to stay. Because our infrastructure is already built for scale, we are positioning into the AI era," Uy, the CEO of Converge, said during the company’s quarterly briefing on Monday. 

Converge is exploring a service that would allow businesses to rent computing power from specialized chips, such as those made by Nvidia, instead of buying expensive equipment to run AI applications.

"We are looking deeper on the future, including GPU as a service," Uy said, referring to graphics processing units, while also discussing opportunities involving locally hosted AI systems and stressing that new investments must generate revenue.

Dennis Anthony Uy 

Converge co-founder, CEO 

Looking beyond BPOs

Converge's enterprise revenues jumped 22 percent to P6.4 billion in the first nine months of 2026, accounting for nearly a fifth of total sales, while its much larger residential broadband business grew just 0.5 percent to P27.9 billion.

Chief operating officer Benjamin Azanza said BPOs remain an important customer segment, but Converge is also pursuing opportunities in retail, banking, education and small businesses while developing cybersecurity and other services beyond connectivity.

"BPO is, of course, one of our target segments," Azanza said, highlighting the company's efforts to build a broader corporate customer base.

Betting on future demand

Uy pointed to submarine cable investments made about four years ago, including Bifrost and SEA-H2X, saying international demand had grown so strongly that Converge's cable capacity was already oversubscribed.

"You can feel the demand of the consumption to the bandwidth, not only the Philippines," Uy said, referring to growing demand across Asia and the United States as AI drives the need to move more data between countries.

—Edited by Miguel R. Camus