Business

Converge doubles fiber footprint in VisMin as of end-July Strategic partnership strengthens foothold in Cebu

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Leading fiber broadband provider Converge ICT Solutions Inc. (PSE:CNVRG) continues its rapidly expanding footprint in Visayas and Mindanao, having laid out more than 600,00 fiber ports in central and southern Philippines in the first seven months of the year.

โ€œThis means that we have nearly doubled our fiber footprint in the Visayas and Mindanao regions in just seven months from the 300,000 ports rolled out as of end-2021,โ€ said Converge CEO Dennis Anthony Uy.

VisMin is increasingly becoming a vital growth area for Converge as it accounted for nearly a fifth or 20% of the total gross subscriber adds in the second quarter of 2022.

โ€œFor 2022, weโ€™ve focused our efforts on expanding our presence in Visayas and Mindanao as these remain to be underserved and are untapped markets for us. There is still a lot of room to grow in these two regions. Thatโ€™s why weโ€™ve sped up the rollout of ports in VisMin cities, and we are doubling down on reaching these eager customers,โ€ added Converge Chief Operations Officer Jesus C. Romero.

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JFiber Internet Services Corp. CEO Mr. Jonathan Uy

Strengthened Presence in Cebu

As a commitment to the growing customer-base in these areas, Converge opened business centers in key locations in Cebu. Last 2021, Converge launched its first business center and regional head office in Mandaue City.

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As a commitment to the growing customer-base in Cebu, Converge has business centers in key locations in the area, namely in Oakridge Business Park in Mandaue City and One Central Mall in Cebu City.

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Mr. Jonathan Uy, CEO of JFiber Internet Services Corp. oversees the operations of Converge in Cebu City.

Today, Converge, together with its Marketing Services Provider (MSP), JFiber Internet Services Corp., opens the new Cebu City Business Center located in One Central Mall, Cebu City. This strategic partnership with the local MSP owned by Cebu businessman Justin Uy is in tandem with the fiber operatorโ€™s Go Deep strategy, which will ensure that Converge continues to strengthen its operations in the province.

โ€œWe remain bullish on the VisMin market and recognize the massive potential for Converge in Cebu where we see customers clamoring for world-class fiber connectivity. Justin and I share the same vision of uplifting the lives of our kababayans by providing them world-class fiber connectivity. Under his leadership, I am sure Converge will be able to win more subscribers and provide customer support that is akin to the needs of the local market,โ€ said Uy.

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Sharing his vision to make Cebu City a smart city, Atty. Raymond Alvin Garcia, Vice Mayor of Cebu City (3rd from left) is joined by Mr. Blue Aldridge (Converge National SME Sales Head), Mr. Ariel Concejero (Converge Senior VP and Head of Sales for Consumer, SME and Emerging Channels), Mr. Justin Uy (Chairman, Jfiber Internet Services Corp.), Mr. Jonathan Uy (CEO, JFiber Internet Services Corp), Ms. Jay-Anne Encarnado (Converge VP for Corporate Communications and Head Public Relations), Mr. Michael Maquiran (Converge Regional General Manager)

As the economy opens, Converge also sees much opportunity in the SME Enterprise segment which increased by 26% during the first six months of 2022.

Converge recently bagged major connectivity contracts in Visayas, helping boost the local tourism economy’s transition to digital. Major hotels such as JPark Island Resort and Waterpark, Sarrosa Hotel, and Bai Hotel – all in Cebu – are now fiber-powered by Converge.

To know if your area is serviceable in Visayas or Mindanao, log-on to gofiber.ph.

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