Stock CNVRG CONVERGE INFORMATION AND COMMUNICATIONS TECHNOLOGY SOLUTIONS, INC.
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Company Converge Information and Communications Technology Solutions, Inc.

Equities

CNVRG

PHY1757W1054

Integrated Telecommunications Services

End-of-day quote Philippines S.E.
Other stock markets
 06:00:00 2024-04-24 pm EDT 		5-day change 1st Jan Change
8.98 PHP -0.66% Intraday chart for Converge Information and Communications Technology Solutions, Inc. +2.63% +7.16%
Mar. 18 Converge Information and Communications Technology Solutions, Inc. Provides Consolidated Earnings Guidance for the Year 2024 CI
Mar. 18 Converge Information and Communications Technology Solutions, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 CI

Business Summary

Converge Information and Communications Technology Solutions, Inc. is a Philippines-based high-speed fixed broadband operator. The Company operates two businesses: residential and enterprise. The Company's residential business primarily offers high-speed fixed broadband postpaid and prepaid Internet services to its residential customers. Its enterprise business offers high-speed fixed broadband Internet services, private data network solutions, cloud and colocation services and other connectivity solutions to its enterprise customers of varying sizes, industries and types. The Company's residential business products and services include Fiber X, Fiber X Time of Day, The Game Changer, XCLSV, HomeBase, Condo Life with FiberX and Add-on. Its enterprise business products and services include flexiBIZ, Switch, Workplace SweldoMo, Workplace Hotel Management Software, Workplace Device Solutions, Carrier Ethernet, Converge Connect, Colocation, DC Express and Dedicated Internet Access.

Number of employees: 3,379

Sales per Business

PHP in Million2022Weight2023Weight Delta
Residential
85.6 %
29,462 87.4 % 30,282 85.6 % +2.78%
Enterprise
14.4 %
4,233 12.6 % 5,077 14.4 % +19.93%

Sales per region

PHP in Million2022Weight2023Weight Delta
Philippines
100.0 %
33,696 100.0 % 35,359 100.0 % +4.94%

Managers

Managers TitleAgeSince
Maria Grace Uy FOU
 Founder 56 06-12-31
Dennis Anthony Uy FOU
 Founder 58 06-12-31
Laurice Esteban-Tuason CMP
 Compliance Officer 42 21-04-11
Jesus Romero COO
 Chief Operating Officer 60 16-01-31
Owen Kieffer Ocampo IRC
 Investor Relations Contact 33 21-01-10
Angelico Salud PRN
 Corporate Officer/Principal 61 -
Christine Renee R. Blabagno TRE
 Treasurer 52 21-03-08
Maria de Jesus LAW
 General Counsel 53 -
Benjamin Azada PRN
 Corporate Officer/Principal 50 19-12-31
Anthony Velasco AUD
 Comptroller/Controller/Auditor 48 -

Members of the board

Members of the board TitleAgeSince
Francisco Lim BRD
 Director/Board Member 69 -
Amando Tetangco BRD
 Director/Board Member 71 -
Jose de Jesus CHM
 Chairman 90 -
Roman Felipe Reyes BRD
 Director/Board Member 72 -
Dennis Anthony Uy FOU
 Founder 58 06-12-31
Maria Grace Uy FOU
 Founder 56 06-12-31
Estela Perlas-Bernabe BRD
 Director/Board Member - 23-05-25

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 7,526,294,461 2,468,752,478 ( 32.80 %) 0 32.80 %

Shareholders

NameEquities%Valuation
Uy Family
66.02 %
4,797,417,274 66.02 % 850 M ₱
Maria Grace Uy
1.533 %
111,378,871 1.533 % 20 M ₱
Dennis Anthony Uy
1.533 %
111,378,870 1.533 % 20 M ₱
Franklin Templeton Investments (ME) Ltd.
0.1789 %
13,002,500 0.1789 % 2 M ₱
State Street Global Advisors Ltd.
0.0783 %
5,688,988 0.0783 % 1 M ₱
ATR Asset Management, Inc.
0.0328 %
2,385,818 0.0328 % 422 719 ₱
Pheim Asset Management Sdn. Bhd.
0.0307 %
2,228,000 0.0307 % 394 757 ₱
Schroder Real Estate Investment Management Ltd.
0.0185 %
1,346,900 0.0185 % 238 644 ₱
Amundi Asset Management SA (Investment Management)
0.0145 %
1,056,000 0.0145 % 187 102 ₱
Banor Capital Ltd.
0.0145 %
1,054,800 0.0145 % 186 889 ₱

Company contact information

Converge Information & Communications Tech Solutions, Inc.

New Street Building McArthur Highway

2009, Angeles City

+63 2 8667 0888

http://www.convergeict.com
address Converge Information and Communications Technology Solutions, Inc.(CNVRG)

Sector

Technology
Telecommunications Services
Telecommunications Services
Integrated Telecommunications Services
Internet Service Providers

Sales per Business

Ratings for Converge Information and Communications Technology Solutions, Inc.

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
8.98 PHP
Average target price
13.92 PHP
Spread / Average Target
+55.07%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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