Converge eyes P17B&19B capex spend in 2024
LISTED fiber internet service provider Converge ICT Solutions, Inc. announced on Monday a plan to allocate P17-19 billion for capital expenditure (capex) budget this year. “Due to upcoming international subsea cable payments, the inclusion of capital outlays for data centers, and delays in supplier invoices earmarked for 2023 payment, the company now looks to spend […]
T. Kauer 
LISTED fiber internet service provider Converge ICT Solutions, Inc. announced on Monday a plan to allocate P17-19 billion for capital expenditure (capex) budget this year. “Due to upcoming international subsea cable payments, the inclusion of capital outlays for data centers, and delays in supplier invoices earmarked for 2023 payment, the company now looks to spend […]
