Manila, Philippines – Converge ICT Solutions, the broadband services provider behind the country’s first pure end-to-end fiber internet network, has been cited the ‘Fastest Growing Fibre Internet Service Provider’ by the International Finance Awards.
The recognition comes from London-based global business and finance magazine International Finance. According to the publication, “Converge ICT is recognized to be true to its mission to upgrade the overall digital experience of the country.” International Finance also lauded Converge ICT’s growth from the grassroots to become a budding powerhouse provider of pure end-to-end fiber internet.
“Connectivity plays a central role in our everyday lives and in fostering robust growth nationwide. Considering the internet’s indispensable role in our lives, it is essential that we make our internet connection simple, fast, and reliable,” said Dennis Anthony Uy, President and Chief Executive Officer of Converge ICT.
“While this most recent accolade is a humbling recognition of what we are doing to help the country, it is also calls on us to continuously innovate so we can empower every Filipino household and establishment with the kind of reliable internet connection that they deserve,” Uy added.
Since the launch of Converge ICT’s fiber packages, the Philippines saw a steady and noticeable internet speed improvement. According to world-renowned digital delivery network Akamai, the Philippines’ average internet speed in the third quarter of 2016 was only at 4.2Mbps. By the first quarter of 2016, the average download speed in the Philippines has increased by 135.90 percent to 18.66Mbps, Akamai reported.
One of the most recent milestones of Converge ICT is the introduction of the country’s first 400Gbps backbone to augment existing domestic network capacity. This allows 400G per channel at 64 channels or the equivalent of 25.6Tbps at capacity.
The backbone is considered a boost to major businesses and institutions such as business process outsourcing companies and financial institutions, which require high capacity connectivity or bandwidth. The rollout also allowed individual subscribers and micro, small, and medium enterprises (MSMEs) to enjoy faster connection without any data cap for high bandwidth capacity.
Converge ICT will receive the award on January 31, 2020 at Waldorf Astoria in Bangkok, Thailand.
