Converge Posts Strong 9M2025 Results with 10.1% Revenue Surge, Net Income Climbs to ₱8.9B
Leading fiber broadband and tech innovator Converge ICT Solutions Inc. (PSE: CNVRG) sustained robust growth in the first nine months of 2025, achieving a 10.1% year-on-year revenue increase to ₱33 billion. Net income rose 8.4% to ₱8.9 billion, driven by accelerating demand across its residential and enterprise segments. The company’s residential revenues rose to P 27.7 billion, up by 9.1 percent year-on-year, as it registered nearly 370,000 fiber net adds during the nine-month period. Converge has grown its residential subscriber base to almost 2.93 million as of end-September 2025. Together with these gains in the residential segment, the company’s enterprise revenues, meanwhile, went up by 16.2 percent to P 5.2 billion from P 4.5 billion in the same period last year, coming from the strong double-digit revenue growth of its SME and wholesale subsegments. “Our techco transition has driven us to accelerate improvements in our infrastructure and to bring more advanced digital solut...