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Converge enterprise business drives 4% revenue growth in 9M 2026

Converge ICT Solutions Inc. reported nearly 4% year-on-year revenue growth to ₱34.2 billion in the first nine months of 2026, driven by strong demand for enterprise connectivity and continued investments in digital infrastructure. The Philippine fiber broadband and technology provider recorded a 22% increase in enterprise revenues to ₱6.4 billion from January to September 2026. […]

Converge ICT Solutions Inc. reported nearly 4% year-on-year revenue growth to ₱34.2 billion in the first nine months of 2026, driven by strong demand for enterprise connectivity and continued investments in digital infrastructure.

The Philippine fiber broadband and technology provider recorded a 22% increase in enterprise revenues to ₱6.4 billion from January to September 2026. Its Enterprise and Large Corporate segment grew by 29.3%, while its Small and Medium Enterprise (SME) business expanded by 15.4%.

Residential revenues reached ₱27.9 billion, with the company maintaining a subscriber base of more than 3.1 million as of September 2026.

Converge CEO and Co-Founder Dennis Anthony Uy attributed the growth to investments in digital infrastructure supporting large corporations, wholesale operators, and SMEs.

The company’s expansion in enterprise and wholesale connectivity is also supported by major customer wins, including international carriers, global technology companies, hotels, and local government units. Its two international submarine cable systems, Bifrost and SEA-H2X, are now operational, opening additional opportunities in the wholesale connectivity market.

Converge recorded ₱8.1 billion in net income during the nine-month period, equivalent to a 23.6% net income margin. Its earnings before interest, taxes, depreciation, and amortization (EBITDA) reached ₱19.9 billion, representing a consolidated EBITDA margin of 58%.

The company also posted a 14.5% return on invested capital (ROIC), reflecting its focus on capital efficiency and targeted infrastructure investments.

Beyond its financial performance, Converge strengthened its corporate governance and cybersecurity credentials. It received the Institute of Corporate Directors’ Five Golden Arrow rating for the second consecutive year and secured ISO/IEC 27001:2022 certification for its information security management systems.

The company also received three honors at the HR Asia Best Companies to Work for in Asia Awards 2026, recognizing its workplace culture, diversity and inclusion, and sustainability initiatives.

Converge said it will continue prioritizing digital infrastructure investments, operational efficiency, and secure connectivity to support long-term business growth.

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