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Tuesday, March 19, 2024

IT & Telecom

Converge ICT’s profit rose 22% to P9b in 2023

Converge ICT Solutions Inc. on Monday reported a 22-percent growth in net income last year on the back of strong demand for its fiber Internet services. The company said its net income amounted to P9.09 billion in 2023, up from P7.43 billion in 2022 as consolidated revenues rose 5 percent year-on-year to P35.4 billion. Converge said it registered net additional residential subscribers of 284,000 for its fiber plans last year, the...

MIDC gets another 154 Globe towers

MIESCOR Infrastructure Development Corp. (MIDC) said Monday it completed the transfer of...

Globe, Converge set to complete joint project in Leyte

Globe Telecom Inc. said over the weekend it is on schedule to...

Globe announces sale of 154 towers to MIESCOR Infrastructure for P1.85b

Globe Telecom on Friday announced the sale of another 154 towers to...

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NEDA supports bill seeking to enhance digital connectivity

The National Economic and Development Authority (NEDA) is pushing for the swift passage of the Open Access in Data Transmission bill that aims to...

PLDT, Smart obtain privacy body’s seal of registration

PLDT Inc. and its subsidiary Smart Communications secured the National Privacy Commission’s (NPC) seal of registration, solidifying their commitment to customer data security. “This is...

Globe Telecom installs hybrid solar power across 26 sites

Globe Telecom Inc. said Wednesday it completed the deployment of hybrid solar power across 26 sites nationwide, advancing its commitment to net zero emissions...

Real estate firms tap Meralco units for power, Internet

Manila Electric Co. (Meralco) said Tuesday its subsidiaries worked with real estate firms Mirax and Rima Corp. for solar energy and internet connectivity solutions...

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