Converge ICT Solutions Inc. posted revenues of P34.2 billion in the first nine months of 2026, up nearly 4% year-on-year, driven by strong enterprise growth and a stable residential subscriber base despite inflationary pressures and slower economic growth.
Enterprise revenues surged 22% to P6.4 billion from January to September, with the large corporate segment growing 29.3% and small and medium enterprises (SMEs) expanding 15.4%.
Residential revenues reached P27.9 billion, with the company maintaining more than 3.1 million subscribers as of end-September.
Converge CEO and Co-Founder Dennis Anthony Uy attributed the growth to investments in digital infrastructure and targeted programs for enterprise and SME clients.
Chief Operations Officer Benjamin Azada cited new business partnerships with international carriers, global technology firms, major hotels, and local government units, as well as opportunities arising from the activation of the Bifrost and SEA-H2X international subsea cables.
The company’s net income reached P8.1 billion, representing a 23.6% net income margin, while earnings before interest, taxes, depreciation, and amortization (EBITDA) totaled P19.9 billion, with a 58% margin.
Converge also recorded a 14.5% return on invested capital (ROIC), reflecting its capital efficiency and disciplined investment strategy, according to CFO Robert Yu.
Beyond its financial performance, the company secured the Institute of Corporate Directors’ Five Golden Arrow rating for the second consecutive year, the highest governance recognition for Philippine listed companies.
It also received three honors at the HR Asia Best Companies to Work for in Asia Awards 2026 for workplace excellence, diversity, equity and inclusion, and sustainability. The company likewise earned ISO/IEC 27001:2022 certification for its information security management systems.
President and Co-Founder Grace Uy attributed the company’s sustained profitability to disciplined cost management and investments focused on long-term value creation.
Mabalacat City distributes 15 kilos of rice to 1,239 families
𝐑𝐈𝐂𝐄 𝐀𝐈𝐃 𝐅𝐎𝐑 𝟐𝟐,𝟎𝟎𝟎 𝐌𝐀𝐁𝐀𝐋𝐀𝐂𝐀𝐓 𝐅𝐀𝐌𝐈𝐋𝐈𝐄𝐒
Mayor Geld Aquino and Vice Mayor Jun Castro personally led the distribution of free rice to 1,239 families from six barangays on November 9 as part of the Mabalacat City government’s target to assist 22,000 households across the city.
Each beneficiary from Tabun, Dolores, Mamatitang, Mangalit, Poblacion and San Joaquin received 15 kilos of rice.
Aquino was joined by councilors Marjorie Sambo, Ike Morales, Pat Acorda, Vicoy Ong, Benny Jocson and Liza Pineda during the distribution.
The program aims to help ease household expenses and provide relief to Mabalaqueño families amid rising prices of basic commodities.
The city government will continue the distribution in other barangays until the 22,000-family target is reached.
*.
A NEW SPACE FOR REHABILITATION
BJMP seeks new site for Angeles City District Jail amid overcrowding
The Bureau of Jail Management and Penology (BJMP) is seeking a new location for the Angeles City District Jail (ACDJ), with Jail Supt. Michael de Jesus, its newly appointed warden, requested assistance from Pampanga Governor Lilia “Nanay” Pineda in finding a suitable relocation site.
Vice Gov. Dennis “Delta” Pineda disclosed the request following his meeting with de Jesus, who explained that the jail currently occupies land lent by the Archdiocese of San Fernando.
The facility’s male dormitory houses more than 1,500 persons deprived of liberty (PDLs), underscoring the need to find a suitable alternative site.
During the visit, de Jesus also presented Pineda with a souvenir handmade by PDLs using tissue paper. The vice governor said the inmates also produce bags and baskets as part of their livelihood activities inside the facility.
𝐃𝐀𝐍𝐂𝐈𝐍𝐆 𝐓𝐇𝐑𝐎𝐔𝐆𝐇 𝐇𝐄𝐑𝐈𝐓𝐀𝐆𝐄
Kapampangan culture came alive through movement as students from four schools immersed themselves in traditional dances during a cultural learning activity under the School of Living Traditions program.
Guided by dance instructor Peter De Vera, participants learned the steps, techniques and stories behind Kapampangan dances, discovering how each movement reflects the region’s rich cultural heritage.
The activity brought together students from Angeles City National High School, Francisco G. Nepomuceno Memorial High School, Holy Angel University and Pampanga State University.
Through the initiative, participants gained a deeper appreciation of Kapampangan traditions while helping keep the province’s cultural identity alive through the next generation.
Finance made conversational
𝐆𝐂𝐚𝐬𝐡 𝐏𝐈𝐋𝐎𝐓𝐒 𝐀𝐈 𝐀𝐒𝐒𝐈𝐒𝐓𝐀𝐍𝐓 ‘𝐆𝐀𝐁𝐁𝐘’ 𝐓𝐎 𝐒𝐈𝐌𝐏𝐋𝐈𝐅𝐘 𝐃𝐈𝐆𝐈𝐓𝐀𝐋 𝐅𝐈𝐍𝐀𝐍𝐂𝐄, 𝐓𝐑𝐀𝐍𝐒𝐀𝐂𝐓𝐈𝐎𝐍𝐒
Understanding and navigating digital financial services could soon become as easy as having a conversation, as GCash pilots Gabby, its next-generation artificial intelligence (AI) assistant designed to help Filipinos use digital finance with greater confidence.
The limited rollout, initially available to select users, aims to make digital financial services more accessible by combining customer support, financial guidance and transaction assistance in a single conversational platform.
Unlike traditional chatbots that provide pre-set answers, Gabby is designed to understand user requests and help carry out supported tasks. These include everyday transactions such as purchasing mobile load through simple conversational prompts.
For instance, users looking to buy load can receive personalized recommendations based on their previous transactions. Once they select an offer, Gabby directs the request to the secure GCash cashier, where users must review and confirm the payment before it is finalized.
Pebbles Sy, GCash chief technology and operations officer, said Gabby represents a shift from AI that simply answers questions to technology that understands user intent and helps perform meaningful tasks.
By integrating support, guidance and execution, the platform aims to make digital financial services more intuitive while maintaining user control and transaction security, she added.
Beyond its initial capabilities, GCash envisions expanding Gabby’s functions to cover other lifestyle needs, including food ordering, travel planning and personalized financial management.
Feedback from the pilot rollout will help refine the technology and guide its eventual expansion to more users.
How to access Gabby
Pilot users can find Gabby under the “Explore the App” section on their GCash home page. They can type a question or request, or tap “Buy Load” and follow the prompts.
For more information, visit www.gcash.com
