Monday, 2 December 2024
4 days ago
VIEWS FROM THE PEAK: The double-edged sword of price wars
In the world of business, price wars are common occurrences in newly liberalized industries, where new entrants attempt to grab market share as fast as they can, or in tightly competitive and saturated markets, where your only chance of undercutting competitors is by being as cheap as possible.
13 Nov 2024
11:04AM
Uy-led Converge ICT sees 9-month earnings soar; fiber giant rated a buy
By: Miguel R. Camus
Fiber internet giant Converge ICT Solutions posted strong financial results, with net income surging 29 percent to P8.2 billion in the first nine months of 2024.
23 Oct 2024
3:16PM
PLDT gets P2-B loan for fiber expansion in remote areas
PLDT Inc. has secured a P2-billion social loan from HSBC Philippines to expand its fiber network to underserved areas, including fourth to sixth class municipalities and geographically isolated and disadvantaged areas (GIDAs).
15 Oct 2024
11:32AM
Uy's Converge, Lopez's FPH partner for internet upgrades at 600-hectare Batangas park
Tycoons Dennis Anthony H. Uy of Converge ICT Solutions Inc. and Federico Lopez of First Philippine Holdings joined forces for a major technology upgrade at the latter’s 600-hectare industrial park in Batangas province.
30 Sep 2024
12:00AM
Telcos get creative with PPPs to bridge internet gap in remote areas
By: Miguel R. Camus
Globe Telecom and industry players are pushing to build new cell towers in remote areas through a PPP proposal, gaining the Marcos administration’s attention.
11 Sep 2024
4:57PM
Fiber giant Converge ICT hits 19-month high after special dividend announcement
By: Miguel R. Camus
Fiber internet giant Converge ICT Solutions recorded its strongest stock market finish in 19 months after announcing cash dividend pay outs for the first time since it listed four years ago.
5 Sep 2024
4:33PM
Converge ICT boosts Asia data capacity via international undersea cable
Fiber internet giant Converge ICT Solutions Inc. said the South-East Asia Hainan-Hong Kong Express Cable System undersea cable has landed in Bauang, La Union, Philippines in a significant boost for data capacity and connectivity across Asia.
29 Aug 2024
8:30AM
Ookla crowns Converge fastest internet provider for 2nd consecutive year
Converge ICT Solutions Inc. has been named the Philippines’ fastest internet provider for the first half of 2024 by Ookla, marking the second consecutive year the company has topped the rankings.
26 Aug 2024
12:01AM
Ayala’s Globe accelerates upgrades, shifts focus to network optimization
The Ayala Group’s Globe Telecom has made significant progress in expanding its network in the first half of 2024, adding 352 cell towers and upgrading 1,942 sites to LTE or 4G sites.
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