Converge Jan-Sep earnings up by 8.4% to P8.9B

Converge ICT Solutions Inc. ended the nine months to September of 2025 with an 8.4-percent rise in profit, sustaining its sturdy performance in its residential and enterprise arms.

In a disclosure on Thursday, Converge said its bottom line reached P8.9 billion from P8.2 billion the same period last year.

For the nine months, consolidated revenues grew by 10.1 percent to P33 billion from P29.9 billion.

Convege’s residential business grew by 9.1-percent year-on-year to P27.7 billion.

The telco ended September with a total of 2,926,593 residential subscribers. This comprises 2,416,561 postpaid subscribers and 510,032 prepaid subscribers.

“Our techco transition has driven us to accelerate improvements in our infrastructure and to bring more advanced digital solutions,” said Dennis Anthony Uy, CEO and co-founder of Converge.

“Moving towards the end of 2025 and on to 2026, we will continue expanding our portfolio of digital and value-added services for both residential and enterprise customers,” Uy said.

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Also, Converge will very soon provide direct access to one of the most advanced international subsea cable systems.

This is thanks to strategically owning and operating the Davao International Cable Landing Station where the Philippine branch of the trans-Pacific cable system Bifrost will be terminated.

The Bifrost Cable System is the first trans-pacific system in over two decades that traverses a new route between the United States (California and Oregon), Guam and Southeast Asia via Indonesia, Singapore and the Philippines.