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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.

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.

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.

time to read

1 mins

October 22, 2025

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.

time to read

2 mins

October 22, 2025

The Freeman

Gov't, private sectors join forces for quake recovery

Government agencies and private sector organizations have joined forces to help communities and businesses in northern Cebu recover from the devastation caused by the September 30, 2025’s 6.9 magnitude earthquake in northern Cebu.

time to read

1 mins

October 22, 2025

The Freeman

Indonesia to repatriate British grandmother on death row

Indonesia will sign an agreement on Tuesday to repatriate two British nationals, including a grandmother languishing on death row for drug-related crimes, an Indonesian government source told AFP.

time to read

2 mins

October 22, 2025

The Freeman

AFTER DEVELOPER FAILS TO BUILD HOMES

Group asks Gov for help

time to read

2 mins

October 22, 2025

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.

time to read

2 mins

October 22, 2025

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.

time to read

3 mins

October 22, 2025

The Freeman

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.

time to read

2 mins

October 22, 2025

The Freeman

Netters from quake-hit Bogo City shine in 24th Gullas Tennis Cup

NEVER LOSING SIGHT OF THEIR DREAMS

time to read

1 mins

October 22, 2025

The Freeman

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.”

time to read

4 mins

October 22, 2025

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