CONVERGE ICT Solutions, Inc. is accelerating network expansion this 12 months with plans so as to add almost a million ports nationwide because it pushes deeper into provincial markets and strengthens infrastructure capability for long-term growth.
“This 2026, Converge is positioned for a transformative 12 months,” Converge Chief Executive Officer Dennis Anthony H. Uy said in the course of the company’s annual stockholders’ meeting on May 29. “We’re on course to roll out close to 1 million latest ports, deepening our roots within the provinces,” he added.
The rollout signals the corporate’s push to capture broadband demand outside major urban centers as web usage and digital adoption proceed to expand nationwide.
Converge has allotted P18 billion to P23 billion in capital expenditures this 12 months to fund the expansion and improve network reliability.
The budget includes the installation of 900,000 more ports within the Visayas and Mindanao.
Mr. Uy also said the corporate expects its data center business to contribute to growth after the launch of its P5-billion, 12-megawatt data center in Pampanga in March.
“Our Tier-3 data centers in Angeles and Caloocan at the moment are live and able to host the country’s priceless data assets,” he said.
The corporate can also be positioning itself to learn from rising demand for artificial intelligence (AI), cloud computing and other data-intensive technologies.
“Technologies resembling artificial intelligence, cloud computing and advanced analytics are reshaping industries,” Mr. Uy said. “We are going to proceed to harness these innovations to deliver higher customer experience and drive sustainable growth.”
Last month, Converge said it was maintaining its revenue growth goal of as much as 10% this 12 months despite economic pressures linked to the Middle East war and elevated fuel prices.
The corporate reported a 0.7% increase in first-quarter attributable net income to P3.04 billion, while revenue rose 3.6% to P11.19 billion.
Meanwhile, Converge Chairman Jose P. de Jesus said the corporate plans to convert 20% of its vehicle fleet to electric and hybrid units by 2030 as a part of efforts to cut back carbon emissions and manage fuel price volatility.
“Even prior to the fuel crisis, Converge had purchased over 120 hybrids and electric vehicles to support on-ground installation and repairs,” Mr. de Jesus said. “We at the moment are doubling that to administer risks arising from fuel supply disruptions and price volatility.” — Ashley Erika O. Jose