Converge Takes Home Coveted Technology Company of the Year Award

Converge ICT Solutions Inc., the country’s leading fiber broadband provider, continues to gain national prominence as it was recently awarded as the Straive Technology Company of the Year Award in the 12th Asia CEO Awards, besting seven other Philippine ICT companies for the coveted award.

Converge continues its winning streak in both the international and national stage for its demonstrated innovation and technological prowess with the recent win in the annual Asia CEO Awards. According to the national award-giving body, nominees of the Straive Technology Company of the Year award are judged according to: management achievement, financial contribution, recognition, pioneering achievements, and social commitment.

Thus, the category recognizes Converge’s excellence across the areas of technical expertise, financial growth, company reputation, and social responsibility - reflecting a well-rounded and holistic growth.

“With the increasing demand for reliable and consistent internet, we at Converge knew we needed to be more innovative and progressive in coming up with more solutions designed with our customers’ needs in mind. We are dedicated to deliver better online experiences by building

the right technology and infrastructure to empower people, businesses, and the nation,” said Converge Chief Operations Officer Jesus Romero as he thanked the Asia CEO Awards for the recognition.

Leveraging its all-fiber network and its modern, future-proof network infrastructure, Converge innovatively created a suite of broadband products customized to Filipinos’ needs, unlike any plan offered by other players in the market. Among its innovations is the FiberX Time of Day plans which allows customers to choose which period of the day to double their bandwidth.

Another innovation is the Direct Internet Access Upload (DIA Upload) a cloud connectivity solution that allows asymmetric download and upload bandwidth allocation. In this way, business can get the same quality of the premium internet service with two times upload speed, best for outbound traffic intensive business operation.

With innovation-led products such as these, Converge captured 47% of fixed broadband net adds amongst the three largest broadband operators in the Philippines in the second quarter of 2021.

Converge’s meteoric rise in the ICT space saw a major boost in 2020 as the pent-up demand for high capacity and high speed internet further shot up amid the pandemic. With its twin expansion strategy - Go Deep and Go National - already in place before the pandemic struck, Converge was in the best position to cater to the urgent need of the people for fast and reliable fixed broadband connectivity that can only be delivered by fiber technology.

Since 2020, Converge has gone from strength to strength, expanding nationwide coverage to 32.5% of households in the country, passing 8.3 million homes, going nationwide in service, and recording industry-leading revenue growth.

In the fourth quarter of the year, the fiber broadband provider is showing no signs of slowing as it will begin to service the Visayas and Mindanao islands more widely.

The Asia CEO Awards is the largest business awards event in the Philippines and one of the largest events of its kind in the Asia Pacific region. Its purpose is to promote the Philippines as the premier business destination for global enterprises.

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About Converge ICT Solutions, Inc.

Converge Information and Communications Technology Solutions, Inc. (PSE:CNVRG) is the leading pure fiber data network and internet service provider in the country. It is the first to run a pure end-to-end fiber internet network, providing Filipinos simple, fast, and reliable internet connection. Converge is ISO 9001 and CE2.0 Certified.