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Business
𝐂𝐨𝐧𝐯𝐞𝐫𝐠𝐞 𝐫𝐞𝐯𝐞𝐧𝐮𝐞𝐬 𝐠𝐫𝐨𝐰 𝟓% 𝐘𝐨𝐘, 𝐧𝐞𝐭 𝐢𝐧𝐜𝐨𝐦𝐞 𝐮𝐩 𝟐𝟐% 𝐢𝐧 𝟐𝟎𝟐𝟑
𝐹𝑖𝑏𝑒𝑟 𝑖𝑛𝑡𝑒𝑟𝑛𝑒𝑡 𝑛𝑒𝑡 𝑎𝑑𝑑𝑠 𝑠𝑢𝑟𝑔𝑒 32% 𝑡𝑜 284𝐾, ℎ𝑖𝑔ℎ𝑒𝑠𝑡 𝑖𝑛 𝑖𝑛𝑑𝑢𝑠𝑡𝑟𝑦 Leading fiber broadband and technology provider Converge ICT
𝐹𝑖𝑏𝑒𝑟 𝑖𝑛𝑡𝑒𝑟𝑛𝑒𝑡 𝑛𝑒𝑡 𝑎𝑑𝑑𝑠 𝑠𝑢𝑟𝑔𝑒 32% 𝑡𝑜 284𝐾, ℎ𝑖𝑔ℎ𝑒𝑠𝑡 𝑖𝑛 𝑖𝑛𝑑𝑢𝑠𝑡𝑟𝑦 Leading fiber broadband and technology provider Converge ICT
PLDT Home posted a record ₱60.4 billion fiber-only revenues, or 88% of the total Home earnings for the year.
Leading fiber broadband provider Converge ICT Solutions Inc. (PSE: CNVRG) booked a net income of P3.95 billion in the first half of 2022, a 21.5% growth over the same period last year, despite the challenging economic environment as it continues to roll out its high-speed broadband service to more cities and municipalities across the country and increased demand from businesses, particularly small and medium enterprises (SMEs).
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