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Latest Breaking News On - Hile consolidated revenues surged from php15 7 billion to php26 5 dennis anthony uy - Page 1 : comparemela.com

Fiber internet firm doubles profit amid VisMin penetration

FIBER INTERNET. Dennis Anthony Uy (right) in this Oct. 5, 2019 photo talking with the late Cebu City Mayor Edgardo Labella (left) at that time the businessman introduced Converge ICT's fastest fiber internet in Cebu province. The company more than doubled its net income amid its aggressive penetration into Visayas and Mindanao homes. (PNA file photo by John Rey Saavedra) CEBU CITY - Fiber internet provider Converge ICT Solutions has more than doubled its net income in 2021, driven by its aggressive penetration into Visayas and Mindanao homes. In a financial briefing with the media, the company said its net income reached PHP7.2 billion in 2021 from PHP3.4 billion the previous year, while consolidated revenues surged from PHP15.7 billion to PHP26.5 billion. Dennis Anthony Uy, Converge ICT chief executive officer and founder, said the company's entry into Visayas and Mindanao has contributed to its aggressive port rollout, along with the continued turn-in of subscribers in Luzon,

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