Philippines’ ICT Sector Investments Reach All-Time High

The Philippines’ ICT Sector Investments Reach All-Time High By Teresa Umali October 8, 2019 The Information and Communications Technology (ICT) sector became the top investment contributor in the Philippines with an outstanding increase from PHP 340 million (US$ 6.6 million) last year to PHP 308.8 billion (US$ 6 billion). According to a recent press release, [...]

2019-10-09T10:15:05-04:00October 9th, 2019|Categories: State of the Industry|Tags: , , , , |

Converge ICT Gets $250-M From US Equity Firm

Converge ICT Gets $250-M Investment From US Equity Firm Warburg Pincus By GMA News Online September 24, 2019 Fiber internet service provider Converge ICT has received a $250-million investment from US-based private equity Warburg Pincus to finance a nationwide expansion. The investment of roughly P12.8 billion finance Converge ICT’s roll out of more fiber connection [...]

2019-09-24T10:09:53-04:00September 24th, 2019|Categories: State of the Industry|Tags: , , , , , , , , |