Transport & Logistics

Converge net income surges on strong subscriber growth; eyes P17B capex in 2024

Converge Information and Communications Technology Solutions, Inc. , the only pure high-speed fixed broadband operator listed on the Philippine Stock Exchange, on Monday reported a 23 percent growth in net income last year to to P9.1 billion, helped by the strong growth in subscribers base.

2GO expands travel and logistics operations in Davao and General Santos

2GO, the integrated transportation and logistics solutions provider of the SM Group, announces the addition to its operations in Davao and General Santos of new vessels for travel and logistics.

Second Converge, Globe co-built project in Leyte seen completed in 3Q

Globe Telecom Inc. on Sunday said it is on schedule to finish a second co-built project with Converge ICT Solutions Inc. in Leyte Province by the third quarter of 2024, marking a significant step in expanding its fiber optic network and bringing reliable internet to more Filipinos.

PLDT sends its fiber unit into overdrive

PLDT Home, lead provider of fiber-to-the-home services in the Philippines, projects sustaining its growth this year as it  re-accelerates its fiber expansion and introduce new and innovative services.

Court sustains NTC decision reassigning Newsnet’s frequency allocation

The Makati Regional Trial Court has denied a request by businessman Mel Velarde’s News and Entertainment Network Corp. (Newsnet) to prevent the National Telecommunications Commission (NTC) from reassigning its frequency allocation.

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