Converge ICT Solutions has secured an impressive list of clientele in the private sector, government agencies, academic institutions and even “all local telcos” as it discloses a double-digit revenue growth marked by not just leaps in residential adds but also strides in the enterprise sector.
Posting 11.5% to P8.6 billion from January to March this year compared to the same period last year, the leading pure fiber internet provider has in its service portfolio 10 out of the top 10 business process outsourcing companies, 9 out of 10 largest banks, and 8 out of the 10 leading universities in the Philippines.
This was disclosed by Converge COO Jesus Romero during the !Q briefing led by co-founder-spouses Dennis Anthony and Grace Uy.
Romero added that also in its fold are “6 out of 10 largest retailers, majpority of national government institutions and all local telcos and majority of global carriers with customers in the Philippines.”
“For BPOs, almost 100 percent are under NDAs but as mentioned 10 out of the top 10 are already customers. If you are familiar with the industry the top 10 are very well known,” Romero said.
While he did not specify the kind of services, he mentioned that some of clients include University of the Philippines, De La Salle University and Ateneo university systems. He also said that all national government agencies are customers of Converge.
The company’s enterprise revenues reached its highest growth rate since 2020, surging 32.4% year-on-year to P1.2 billion in the first quarter of the year on the back of robust overall growth across all subsegments – small and medium enterprises (SMEs), large enterprises and corporates, and wholesale.
“Our commitment to providing world-class broadband services, coupled with our strategic investments in our network infrastructure, has enabled us to post positive first-quarter results. Converge is well-positioned to be the preferred internet service provider of customers as we continue to focus on reaching the unserved and underserved markets,” said Converge Co-Founder and CEO Dennis Anthony Uy.