To serve the market’s middle- and low-income sectors, Converge ICT Solutions Inc. debuted its prepaid fiber home internet service on Thursday.
Converge ICT co-founder and CEO Dennis Anthony Uy stated during a press conference in Pasig City, “We are now introducing today the ‘Surf2Sawa’ prepaid fiber.”
In addition to major locations in Batangas, Bulacan, Quezon, Bicol, Panay, and Negros, Uy claimed that the “Surf2Sawa” or S2S prepaid fiber WiFi service is now accessible in over 400 cities and municipalities across the country.
There has never been anything like it. Because we have a distinct market, we think it’s ideal for the Philippines,” the CEO of Converge stated.
With the increase in living expenses we’ve seen this year, having high-quality connectivity at home has become an increasingly difficult task, according to Uy, who also noted that the S2S prepaid service aims to serve the D and E income groups of the market.
The router installation price is P1,000, which interested parties must pay to take advantage of the deal.
The following packages are available: P50 for one day, P200 for seven days, P380 for 15 days, and P700 for 30 days. All of these packages offer unlimited prepaid fiber WiFi connectivity at 25 megabits per second (Mbps).
“In our opinion, everyone now has the right to access the internet. We thus want to provide our people access to the internet that they not only deserve but can also afford. We want to ensure that nobody is left behind in this digital era,” Uy remarked.
Converge ICT reported a net income of P7.439 billion for the entire year of 2022, an increase of 4% from the previous year due to the company’s growing customer base.
This year, the business plans to invest between P12 billion and P15 billion in capital expenditures to support the deployment of ports in important expanding regions in the Visayas and Mindanao as well as the installation of modems with new customers.
In order to further strengthen the redundancy of their domestic fiber network, other significant capital expenditure efforts for 2023 will include expenditures in international subsea cables and the purchase of core network equipment.