Converge ICT VisMin backbone done in 2021, eyes fiber service for 18M households by 2025

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Watch also in iWantTFC MANILA - Philippine fiber broadband provider Converge ICT Solutions on Monday said it will complete its Visayas-Mindanao backbone next year and will be able to penetrate half of

the population by 2025.

Its Founder and CEO Dennis Uy told ANC, the company plans to connect through fiber broadband service 18 million Filipino households in five years and build 8 million ports ready to serve individual homes.Converge ICT Solutions, which made its market debut on Monday at the Philippine Stock Exchange completed a $600 million IPO, the country's second largest despite market volatility due to the coronavirus pandemic.

Proceeds from the IPO will be used to partially finance its nationwide fiber broadband rollout. To date, Converge has clocked up roughly 750,000 residential customers mostly in and around the capital Manila.

 

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18M households is impossible since we only have roughly 22 million households Ano ititira ni converge sa globe at pldt ? Assuming even the poorest of the poor can afford it

Converge_CSU i already submitted my application kasi ang tagal ni PLDT_Cares ayusin internet connection namin. Hindi daw kasi ako artista 😂

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