Converge ICT Solutions Inc. is banking on its boosted consumer connectivity offers to further grow its subscriber base of 1.1 million at present, company officials said on Wednesday.
The listed internet service provider launched Wednesday FiberX Time of Day, which allows residential subscribers to have boosted speeds either during the day or at night for a minimal rate increase.
Converge subscribers have two options for the new offers: Day Plan or Night Plan. Day Plan allows subscribers to double their bandwidth from 7 a.m. to 6:59 p.m., while Night Plan allows subscribers to double their bandwidth from 7 p.m. to 6:59 a.m.
Michael Maquiran, who heads the consumer sales department at Converge, said his group hopes that the two new consumer products could help boost the subscriber base of the company, while also encouraging existing customers to upgrade their existing plans.
“We currently have a little over 1.1 million subscribers and we’re rolling out our fiber network all over the country. We offer Time of Day as an additional product offering that suits the market’s needs. There is a huge need in the market for a customized Internet service, and we expect existing customers to avail of this product. For new ones, this will be a huge come on for them,” he said during a press launch.
Gilbert Virtucio, the company’s product management head, ensured that the current network of Converge can handle the additional load from the new offers.
“What we do is we monitor our core connections and utilizations. If we hit a certain threshold, that’s a signal for us to do a network upgrade. We also encourage content delivery networks to cache local to Converge. Those are two ways by which we ensure that we minimize network congestion,” he said.
In February, Converge said it has more than doubled its fiber network in 2020, providing Internet services to underserved and unserved areas in the country.
Dennis Anthony Uy, the company’s CEO, said the fiber network of Converge now runs to over 55,000 kilometers, 28,300 kilometers more than the prior year’s 26,600 kilometers of fiber optic cables.
Through the fiber infrastructure, Converge has made available nearly 2.7 million fiber-to-the-home ports nationwide. At end-2020, Converge had over 1 million subscribers, or double its 529,000 home subscribers the year prior.
Converge aims to have at least 15 million subscribers by 2025.
Currently, Converge recorded 6.1 million homes passed, which is about 25 percent of the total households in the Philippines.
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