Fiber broadband provider Converge ICT Solutions reported consolidated revenues of ₱44.8 billion in 2025, up 10.2% from ₱40.6 billion in 2024, driven by growth in both residential and enterprise services.
In a filing with the Securities and Exchange Commission, the company said residential revenues reached ₱37.3 billion, growing 8.4% year-on-year, while enterprise revenues climbed 20.3% to ₱7.4 billion as demand increased from small and medium enterprises and wholesale clients.
Converge ended 2025 with 2.98 million residential subscribers, adding more than 428,000 fiber customers during the year.
Profitability also improved. The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 10% to ₱27 billion, with margins holding at 60.4%, while net income increased 9.6% to ₱11.9 billion.
The company said its return on invested capital (ROIC) remained strong at 17.7%, reflecting continued investment in network expansion and services.
Separately, Converge said it was named “National Broadband Leader” for 2025 in a report by the Department of Information and Communications Technology (DICT), which found the company recorded the fastest average speeds and lowest latency among providers in Metro Manila based on nearly 700,000 speed tests.
“Beyond these metrics of upload and download speeds, we are actively improving our network for increased reliability and consistency in performance, at the same time as we work on enhancing connectivity in select parts of the country,” said Converge chief operations officer Benjamin Azada.
“We are looking at this from multiple perspectives, but definitely this is a badge of honor for us.”
The DICT report also highlighted areas where service still needs improvement, prompting the company to commit further investments in network maintenance and upgrades.
“DICT’s report gives a fair and balanced view… We recognize this call and we pledge to focus our attention on these areas experiencing low or intermittent connectivity,” Azada said.
Meanwhile, Converge also received the Five Golden Arrow rating under the ASEAN Corporate Governance Scorecard from the Institute of Corporate Directors, the highest distinction for listed companies in the Philippines.
“Converge is marking its fifth anniversary as a publicly listed company… We’ll remain steadfast in taking good care of the trust of our shareholders, our customers, our employees, our business partners, and the communities we serve,” said chairman Jose de Jesus.
Looking ahead, the company expects revenue growth of 8% to 10% in 2026, while planning capital expenditures of ₱18 billion to ₱23 billion to expand its fiber network, including up to 900,000 additional ports, mostly in Visayas and Mindanao.
