Sunday, May 5, 2024

Converge installs 5.5 million ports to cover whole PH with fiber

Fiber broadband operator Converge ICT Solutions said it has deployed nearly 5.5 million ports at the end of October 2021, covering the whole nation with pure fiber connectivity from the northernmost region of Luzon to the islands of the Visayas and the southern cities of Mindanao.

Converge CEO and founder Dennis Anthony Uy

Dubbed as the #PurpleNation campaign, Converge marked its nationwide presence with the opening of over 20 new business centers across the country this year.

Among the branches that recently opened to serve its growing customer base are located in:

  • Laoag City, Ilocos Norte;
  • Candon, Ilocos Sur;
  • La Trinidad, Benguet;
  • Tuguegarao, Cagayan;
  • Bayombong, Nueva Vizcaya;
  • Gapan, Nueva Ecija;
  • Valenzuela City
  • San Juan City;
  • Batangas City;
  • Lemery, Batangas;
  • Imus City , Cavite;
  • Dasmarinas, Cavite;
  • Sorsogon;
  • Iloilo City;
  • Cagayan de Oro City;
  • Davao City

Converge CEO and co-founder Dennis Anthony Uy said the pure fiber operator’s port deployment underpins its overarching goal of reaching more unserved and underserved areas of the Philippines, allowing it to accelerate its target of covering 55% of Philippine households with high-speed fiber connectivity by two years to 2023.

With its accelerated port deployment, Converge said it now services over 440 municipalities and cities across the country. The company’s total number of residential subscribers reached nearly 1.6 million at the end of September 2021, almost double compared to the same period last year.

“We’ve achieved a record rollout of 654,188 ports in the third quarter of 2021 alone, a solid testament to the robust demand we continue to see throughout the country. In our new markets in Visayas and Mindanao, we’re glad to see a healthy uptake as 20% of the fiber rollouts were in these areas,” said Uy.

Converge this November completed its domestic subsea cable project connecting all the major islands of the Philippines to its national fiber backbone.

“Given the shift of every activity to the online space, access to the internet should no longer be a privilege but should be a right of every Filipino. The social and economic benefits that connectivity (particularly broadband) unlocks has to reach those at the margins,” said Uy.

As of end-November, Converge has opened 23 business centers nationwide, with the latest one opened in Sorsogon in Bicol. Converge also expanded its footprint last October in Cagayan de Oro and Iloilo.

Meanwhile, Silicon Valley-based hardware security firm Axiado Corp. has announced the appointment of Uy to its board of directors after the Converge exec made an undisclosed amount of investment during a recent funding round.

Axiado announced the closing of an oversubscribed Series B funding at $25 million, with Uy leading a set of institutional and individual investors.

Uy said Axiado’s Trusted Control/Compute Unit (TCU), a new category of processors dedicated to security and a novel silicon-based approach to manage critical boot- and run-time security across the entire connected infrastructure, is “a key part of the strong technological foundation that will make data centers in Philippines safer and more resilient”.

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