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Converge ICT Solutions Inc., doing business as Converge (also known as ComClark in Pampanga), is a telecommunication service provider in the Philippines.It operates fiber optic broadband networks, Internet Protocol television (marketed as Converge Vision; in partnership with Pacific Kabelnet), cable television (marketed as Air Cable), and cable Internet (marketed as Air Internet) in the country.
Globe Telecom, Inc., commonly shortened as Globe, is a major provider of telecommunications services in the Philippines. The company operates one of the largest mobile, fixed-line and broadband networks in the Philippines. As of November 2023, Globe has 54.7 million subscribers, making it the second largest network in terms of subscriber base. [7]
Globe Telecom (Globe) was a joint venture between Ayala Corporation and Singapore Telecommunications Limited (SingTel). Globe was the first foreign company to be granted entry into the Philippine's liberalized market. In 1994, Globe launched its digital cellular services, pioneering the use of Global System for Mobile Communications Technology ...
97.2% of users rely on their mobile phones as one of the (or the only) ways they access the internet. In January 2024, there were 86.98 million internet users in the Philippines, with an internet penetration rate of 73.6 percent of the total population. [27]
[8] The service is also the exclusive home of Studio Universal in the Philippines, which operates both as a linear channel and a VOD content library from NBCUniversal. The service is available for subscription and is included at no extra cost for Converge FiberX subscribers (including Surf2Sawa and Bida Fiber plans) as well as for Globe At Home ...
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As of 1 August 2023, the total number of subscribers in the Philippines was estimated at 113.97 million, a stark contrast from the 167.9 million before the mandatory sim card registration in the country. The country's telecom regulator is the National Telecommunications Commission (NTC).
Following Globe Telecom’s tender offer for Bayan's debt in 2012, Globe Telecom held 96.5% of the total debt of Bayan at the end of that year. As proposed, restructuring would decrease the outstanding principal debt of Bayan from US$423.3 million to US$131.3 million, through the conversion of up to 69% of Bayan debt into Bayan shares.