Converge ICT Solutions Inc. said Tuesday it rolled out two million fiber ports nationwide as of end-2022, cementing its position as the largest fiber-to-the-home network in the Philippines.
“Converge continues to expand its nationwide network reach to efficiently deliver consumer network demands and empower Filipinos across urban and rural areas,” Dennis Anthony Uy, Converge co-founder and chief executive said.
“With this record deployment of ports, we are ensuring high availability in more areas around the country,” he added.
Converge said it bolstered its port deployment in the National Capital Region, Rizal, North and Central Luzon and Mindanao.
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.
The company said that based on the end-November report of the National Telecommunications Commission, it had extended its fiber footprint to more than 613,000 kilometers, consisting of subsea, aerial and terrestrial fiber optic cable network all over the country.
Uy said Converge was on track to reaching its accelerated target to cover about 55 percent of households in the Philippines by 2023, with its household coverage at 53 percent as of Sept. 30, 2022.
Converge said it allocated P21 billion to P23 billion in total capital expenditures for 2022.
Converge said its network reach had passed more than 14.3 million homes as of Sept. 30, 2022.
