Converge ICT Solutions Inc.
Pasig
About Converge ICT Solutions Inc.
Converge Information and Communications Technology Solutions, Inc. (CNVRG) was registered with the Securities and Exchange Commission on October 17, 2007 primarily to construct, install, maintain and operate in the Philippine information and communications system. In 2008, the Company was granted a congressional franchise under Republic Act No. 9707 with a term of 25 years effective until August 2034. CNVRG commenced fixed broadband internet operations in June 2012. CNVRG offers fixed broadband internet services to residential and enterprise customers. The fiber broadband plans are under the brands, "FiberX", "FiberXtreme", "MicroBiz", and "Air Internet". The Company also provides private data network solutions, cloud and colocation services and other connectivity solutions to enterprises of varying sizes, industries and types. In addition, the Company offers add-on products and services such as speed boosts and pay TV. As of December 31, 2020, CNVRG's domestic network spanned over 55,000 kilometers, covering 300 cities and municipalities across Luzon (including Metro Manila) and reaching approximately 6.1 million homes. Source: SEC Form 17-A (2020)
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Public
- Employees: 1,001 – 5,000
- Estimated revenue: $500K – $1M
- Total funding: $250.0M
- Funding stage: IPO
- Last round: Private Equity (Oct 2019)
- Ticker: pse:CNVRG
- Website: convergeict.com
- Phone: +632 8667 0848
Industries & Categories
Internet, ISP, Telecommunications
Social Profiles
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