Converge ICT has announced that it has received a $250 million (PHP 12.8 billion) investment which the company will use to expand its fiber infrastructure in the Philippines. Photo caption 1: (L-R) Converge ICT COO Jesus C. Romero, Converge ICT President & CEO Dennis H. Kim, DICT Secretary Gregorio Honasan, and Warburg Pincus LLC Managing Director Saurabh Agarwal With this investment, Converge ICT will be able to fast-track the construction of its $1.8-billion nationwide internet backbone. Converge ICT is looking at capturing 30% of the country's broadband market in the next few years. "Since going full throttle with our fiber network roll-out and package offerings, the change in overall Philippine performance has been noticeable," said Dennis Uy, founder, and president, Converge ICT. "Converge ICT is a remarkable business and growth story and I am confident that it will continue to achieve significant growth milestones and solve the ever-increasing connectivity needs of the country." Read more in our articles including "Converge ICT earmarks $250 million investment for expansion" and "Victorinox INOX lands locally, priced at Php27,500".
Converge ICT has announced that it has received a $250 million (PHP 12.8 billion) investment…
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Apr 15, 2026Converge ICT has announced that it has received a $250 million (PHP 12.8 billion) investment which the company will use to expand its fiber infrastructure in the Philippines. Photo caption 1: (L-R) Converge ICT COO Jesus C.
Romero, Converge ICT President & CEO Dennis H. Kim, DICT Secretary Gregorio Honasan, and Warburg Pincus LLC Managing Director Saurabh Agarwal With this investment, Converge ICT will be able to fast-track the construction of its $1.8-billion nationwide internet backbone. Converge ICT is looking at capturing 30% of the country's broadband market in the next few years.
Our coverage of converge ict investment includes: "Converge ICT earmarks $250 million investment for expansion"; "Victorinox INOX lands locally, priced at Php27,500"; "Globe AT HOME offers free upgrades to 1Gbps and Wifi 6 routers to loyal postpaid subscribers". Each article provides unique insights and information.