Can Converge ICT Break PLDT and Globe’s Duopoly in the Philippines?

A. Amir

Summary Bullets:

• Converge ICT is rapidly expanding its business and upgrading its infrastructure.

• While it is breaking PLDT and Globe’s dominance in the mass market, Converge ICT is still several steps behind in the enterprise segment.

The Philippines Managed Services Market
Like other emerging ASEAN countries, the Philippines managed ICT service market has been growing rapidly in the last few years driven by digital transformation initiatives by enterprises across different industries. The adoption of newer technologies such as cloud and SDN/NFV is increasing and has recently been accelerated by new demands such as remote working during the COVID-19 crisis. While the market is largely dominated by the two big carriers: PLDT and Globe; there are several other players such as Converge ICT, Radius Telecoms, Eastern Communications, and NOW Corporation with a small piece of the market share pie respectively. Continue reading “Can Converge ICT Break PLDT and Globe’s Duopoly in the Philippines?”