Converge ICT Solutions Inc. said Wednesday its net income grew 29 percent in the first three quarters of 2024 from a year ago, led by an increase in
residential subscribers.
Residential business grew to P25.4 billion, representing a 13.2-percent year-on-year growth. This was largely attributed to the increase in the number of residential subscribers. The company said it had 2,459,851 residential subscribers as of end-September. This consisted of 2,218,003 postpaid subscribers and 241,848 prepaid subscribers.
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