Converge optimistic about revenue growth

Quick Summary:

Converge ICT Solutions Inc.is maintaining its revenue growth forecast of 12 percent to 14 percent for the year after its profits rose by a nearly a third in January to September.

As of end-September, Converge’s total residential subscriber base stood at 2,459,851, comprising 2,218,003 postpaid and 241,848 prepaid subscribers.

Driving this momentum was the company’s residential business, which grew by 13.2 percent year-over-year to P25.4 billion.

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Article Details

Author / Journalist: Lorenz S. Marasigan

Category: BusinessStartups

Markets: Philippines

Topics: Percent Company Year Residential Revenue Maintaining Growth Reaching Converge Forecast Billion

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 16:06:00 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 457 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23574670

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 77 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 19 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #37

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