Converge ICT Solutions Inc., doing business as Converge (also known as ComClark in Pampanga), is a telecommunication service provider in the Philippines. It operates fiber optic broadband networks, Internet Protocol television (marketed as Converge Vision; in partnership with Pacific Kabelnet), cable television (marketed as Air Cable), and cable Internet (marketed as Air Internet) in the country. It had 1,969,663 FiberX subscribers as of June 2023 capturing 54% of the market share of fiber to the home in the country.[3] As of 2022, the Converge fiber backbone reached 600,000 kilometers, passing through 495 cities and municipalities across the country.
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 A Converge ICT business center in Apalit, Pampanga | |
| Company type | Public |
|---|---|
| PSE: CNVRG | |
| Industry | Communications services |
| Founded | Angeles City, Philippines (October 17, 2007) |
| Founder |
|
| Headquarters | Reliance IT Building, 99 E. Rodriguez Jr. Ave, Ugong, Pasig, Metro Manila , Philippines |
Area served | Philippines, Singapore |
Key people | |
| Products | Cable television IPTV services Broadband services |
| Brands |
|
| Revenue |  ₱35.36 billion (FY 2023)[2] |
| ₱12.12 billion (FY 2023)[2] | |
| Owner | |
Number of employees | 3,379 (2023)[2] |
| Subsidiaries |
|
| ASN | |
| Website | www |
History
Converge was established in 1996 as the ComClark Network and Technology Corp. by Dennis Anthony Uy in 1996 at Angeles City.[4]
In 2009, the Congress of the Philippines enacted Republic Act No. 9707, to grant Converge ICT Solutions Inc. the franchise to construct, install, establish, operate, and maintain a telecommunication system throughout the Philippines.[5]
In 2020, Converge ICT Solutions Inc. debuted in the Philippine Stock Exchange through an initial public offering.[6]
In 2021, Uy told local media that a deal “is on” with Satellite Internet provider Starlink.[7]
Demand for services surged during the pandemic, with an estimated 84% jump in revenue during the first quarter of the 2021 fiscal year.[8]
In 2021, the company also partnered with the Department of Trade and Industry (DTI) and local governments to provide free fiber-powered internet and tents at Diskwento Caravan.[9]
In October 2021, Converge ICT completed the domestic subsea cable project, with ₱6 billion investment cost.[10]
In July 2024, Converge ICT announced that their subsidiary Reliance Broadcasting had been granted a license by the National Telecommunications Commission to broadcast free-to-air TV networks via satellite television in the country. They announced plans to launch the service with KT SAT, a subsidiary of KT Corporation, with an eye towards serving rural areas.[11]
Service areas
Converge ICT serves fiber optic Internet access in Metro Manila, Calabarzon, Central Luzon and several parts of the Bicol and Ilocos regions,[12][13] and continues to expand its coverage across the country.
Converge ICT competes with PLDT and Globe Telecom as providers of fiber-to-the-home broadband Internet, in their respective areas of coverage. As of March 2022, it has around 1.8 million subscribers, all of whom are in Luzon, Visayas, and Mindanao.[14]
Affiliate companies
- Pacific Kabelnet Holdings - owns Converge Vision (Metro Manila) and FiberTV (provincial areas)
- Reliance Broadcasting Unlimited - owner of UFM 105.5 and PEP TV
See also
References
External links
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