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Fiber provider reports strong growth in first nine months
The Freeman
|November 08, 2025
Converge ICT Solutions Inc. reported sustained revenue and subscriber growth in the first nine months of 2025, supported by solid demand for both residential and enterprise broadband services and continued network expansion across the country.
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Consolidated revenues rose 10.1 percent year-on-year to P33.0 billion for the period, driven by steady take-up in home broadband subscriptions and accelerating enterprise connectivity demand.
The company added 369,880 net new residential fiber subscribers in the nine-month period, bringing its total residential customer base to 2.93 million as of September.
Residential service revenues grew 9.1 percent to P27.7 billion, supported by stable performance across the postpaid FiberX segment and rising uptake of the company’s more affordable BIDA Fiber and prepaid Surf2Sawa offerings.
Enterprise revenues expanded at a faster pace, up 16.2 percent to P5.2 billion, with strong contribution from SME and wholesale segments.
Diese Geschichte stammt aus der November 08, 2025-Ausgabe von The Freeman.
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