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Fiber firm scales back 2025 growth targets
The Freeman
|August 28, 2025
Philippine fiber broadband operator Converge ICT Solutions has scaled back its full-year growth target after a strong first half underscored both the strength of domestic demand and the structural challenges facing the sector.
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Revenues in the first six months of 2025 climbed 11.6 percent to P21.8 billion, with net profit up 12.4 percent to P5.9 billion.
Esta historia es de la edición August 28, 2025 de The Freeman.
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MÁS HISTORIAS DE The Freeman
The Freeman
CCPO reports 24.1% downtrend in crimes
The Cebu City Police Office (CCPO) has reported a 24.1 percent reduction in overall incidents and a 52.2 percent decline in vehicular and quasi-offense cases in the city from January to September 2025.
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The Freeman
Internet services cut for hours by Amazon cloud outage
Popular internet services ranging from streaming platforms to messaging services to banking were offline for hours Monday due to an outage in Amazon’s crucial cloud network, illustrating the extent to which internet life depends on the tech titan.
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The Freeman
Gov't, private sectors join forces for quake recovery
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1 mins
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The Freeman
Indonesia to repatriate British grandmother on death row
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2 mins
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The Freeman
AFTER DEVELOPER FAILS TO BUILD HOMES
Group asks Gov for help
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The Freeman
Presidents and Family History Month
Every October is celebrated as Family History Month, a time dedicated to honoring the art of tracing and preserving one’s lineage.
2 mins
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The Freeman
BBM weaponizing the ombudsman?
If the nation takes the words of such trapos as Senators Imee Marcos, Bato de la Rosa, or Rodante Marcoleta, we would be led to believe the appointment of Jesus Crispin Remulla as ombudsman would foment political instability.
3 mins
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The Freeman
BoP surplus narrows to $82-M in September
The Philippines' balance of payments (BoP) surplus sharply narrowed year on year in September, the central bank reported on Monday.
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The Freeman
Netters from quake-hit Bogo City shine in 24th Gullas Tennis Cup
NEVER LOSING SIGHT OF THEIR DREAMS
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The Freeman
Friendship is the foundation of Cebu's new P-pop group ARZA
This December, a new girl group is set to represent Cebu in the P-pop scene: ARZA, a play on the Cebuano word “alsa”, which means “to rise.”
4 mins
October 22, 2025
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