Fiber broadband provider Converge ICT Solutions Inc. has hit its two million fiber rollout target for 2022 to support the high demand for home broadband service 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. With this record deployment of ports, we are ensuring high availability in more areas around the country,” said Dennis Anthony Uy, Converge co-founder and chief executive officer.
Converge said as of Dece.r 31, 2022, it has deployed more than two million fiber ports in Luzon, Visayas and Mindanao, further cementing its position as the largest fiber-to-the-home network in the Philippines.
Citing internal data, Converge said it has bolstered its port deployment in the National Capital Region including Rizal, North and Central Luzon as well as Mindanao. The company added it also maintained its aggressive rollout in the Visayas as it continued to seek growth opportunities in the region.
“Achieving our fiber rollout target is very much important for us to ensure that our resources are utilized effectively and to also support the growth of our residential subscriber base,” Uy said.
Based on Converge’s end-November report to the National Telecommunications Commission, the company has extended its fiber footprint to more than 613,000 kilometers, consisting of subsea, aerial and terrestrial fiber optic cable networks, all over the country.
For this year, Uy said, Converge is on track to reach its accelerated target to cover approximately 55 percent of households in the Philippines. Its household coverage stood at 53 percent with more than 14.3 million homes passed as of Sept. 30, 2022.
Converge has allocated P21 billion to P23 billion in total capital expenditures for 2022.
Early this month, Converge, through its unit Converge ICT Singapore Pte. Ltd. (Converge SG), started deploying telecommunications infrastructure and providing connectivity services and fiber optic cable capacity to wholesale and enterprise customers in the Southeast Asian city-state.
In its grant letter, the Infocomm Media Development Authority, a statutory board under the Singapore Ministry of Communications and Information, said it has approved the application of Converge SG for a facilities-based operations license. – Myla Iglesias
