Converge ICT Solutions Inc. (Converge), a fiber broadband provider, achieved its target of rolling out 2 million fiber ports nationwide for 2022.
Converge said in a media advisory that this will allow them to provide high-speed connectivity to more areas, including rural areas, in the country.
“Converge continues to expand its nationwide network reach to efficiently deliver consumer network demands and empower Filipinos across urban and rural areas,” said Dennis Anthony Uy, co-founder and CEO of Converge. “With this record deployment of ports, we are ensuring high availability in more areas around the country.
Uy noted that Converge is on track to reach its accelerated target to cover approximately 55% of households in the Philippines by 2023, with its household coverage at 53% as of September 30, 2022.
With this accelerated network roll-out, Converge has allocated P21 billion-P23 billion in total capital expenditures for 2022. Converge’s nationwide network reach has passed more than 14.3 million homes, as of Sept. 30, 2022.
Quoting a report from the National Telecommunications Commission (NTC), Converge said that the Company has extended its fiber footprint to more than 613,000 kilometers, consisting of subsea, aerial, and terrestrial fiber optic cable network, all over the Philippines as of November 2022.
Converge’s port deployment focused on the National Capital Region (NCR) including Rizal, North and Central Luzon, as well as Mindanao. The company also maintained its aggressive rollout in the Visayas to seek growth opportunities in the region.