Converge ICT Solutions Inc. reported a 15.1% year-on-year increase in Enterprise revenues to more than ₱3.9 billion in the first half of 2026, driven by growing demand for connectivity and digital infrastructure among Philippine businesses and government agencies.
The Enterprise segment emerged as a key growth driver for Converge, contributing to consolidated revenues of ₱22.4 billion, up 3.1% from the same period last year.
Small and medium enterprise (SME) revenues increased 15.7% year-on-year as businesses expanded their use of high-speed fiber connectivity. Enterprise and large corporate revenues, including the public sector, grew 14.8%, supported by high-value contracts, data-intensive services, and nationwide digital infrastructure requirements.
Converge said its Global Business unit has also secured partnerships with major universities and local government units (LGUs) to support their digital transformation initiatives through connectivity solutions.
The company’s network performance remained a key technology differentiator. The Department of Information and Communications Technology (DICT) Oplan Bantay Signal 2Q2026 report ranked Converge first in fixed broadband network performance, recording average latency of 5 milliseconds and download speeds of 158 Mbps. Customer complaints also declined by 84% from January to June 2026.
Converge further received three Ookla Speedtest Awards for the first half of 2026: “Best Internet,” “Fastest Internet,” and “Best Fixed Latency.”
“Enterprise customers aren’t just adopting our technology—they’re expanding their footprint with us,” said Converge Chief Finance Officer Robert Yu, noting that the Enterprise business is becoming an important source of recurring growth.
The company’s residential segment remained its largest revenue contributor at ₱18.5 billion, while total subscribers reached 3.09 million by the end of June.
Despite inflationary and oil price pressures, Converge reported ₱13.3 billion in EBITDA, representing a 59.1% margin, and ₱5.5 billion in net income after tax. Cash capital expenditure reached ₱5.7 billion during the first half, supporting continued network expansion and hardening.
