Published On Jul 16, 2020
CONVERGE ICT IPO STOCK MARKET UPSIDE
Hi everyone! This will be our second video on our ongoing coverage of Converge ICT!
If you want to follow our Converge IPO series: • CONVERGE ICT SOLUTIONS IPO BASICS
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Merry Mart IPO: • MERRYMART IPO: FUNDAMENTAL ANALYSIS
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During our Converge IPO series we will be discussing the following:
During the series we will talk about different aspects of the company from the
business model of the company
it’s origin story and the leaders and founders
How does it fair against DITO
How does it fair against TEL and GLO
The details of the IPO
The fundamentals of the company
Valuations of the company and so much more
But in this video, we will talk about how Converge makes money and we will talk about more of the business of converge ICT along with the macro economy that sets the framework of .
WHO IS CONVERGE ICT?
Converge ICT is the largest high-speed fixed broadband operator in the Philippines, by high-speed residential fixed broadband subscriptions,
Converge ICT’s market share is 54% as of March 31, 2020,
Converge ICT is also fastest-growing fixed broadband operator in the Philippines, with their residential business capturing a 51% market share of new subscriptions from January 1, 2018 to March 31, 2020 and their enterprise business growing at 3.3 times the pace of the overall market between 2016 and 2019,
by the way all the data I am presenting here are all disclosed on the company’s prospectus
only major pure-play high-speed fixed broadband provider, with an exclusive focus on serving the Philippine fixed broadband market,
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Attn: Yvonne Goh Germo (Please email or call first so we know we are expecting)
28 A Roxas Chua Circle Pacific Village, Muntinlupa City, Metro Manila, Philippines
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For business inquiries contact my team: [email protected]
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