Converge ICT Solutions Inc. has solidified its position as the broadband provider with the fastest speeds in the Philippines, but PLDT Inc. remains to be the most preferred among subscribers.
In Opensignal’s latest monitor for broadband quality, Converge turned in the quickest download speed of 56 Mbps, beating again Globe Telecom’s 53.6 Mbps and PLDT’s 53 Mbps.
Opensignal also named Converge as the provider to beat for video and reliability experience, as subscribers reported the best quality when doing basic tasks online.
PLDT registered the fastest upload speed of 42.3 Mbps, with Converge recording 39.6 Mbps and Globe putting in 36.9 Mbps. Opensignal measures upload speed as the amount of data per second that can be transferred from device to the internet.
Globe landed as the most consistent broadband provider with a score of 68.1 percent. This metric examines how fast a device meets basic requirements once connected to the internet.
PLDT remains to be the market leader in Philippine broadband, as it cornered 42 percent of all subscribers through its largely fiber network.
Opensignal principal data analyst Robert Wyrzykowski said PLDT has managed to maintain its market dominance through its widest fiber footprint and introduction of new services.
‘PLDT is the incumbent operator and market leader with its 42-percent market share – primarily over fiber – but is also serving customers on DSL and fixed wireless, the latter services under the Smart brand,’ Wyrzykowski said.
Converge, for its part, holds around 30 percent of the broadband segment.
Wyrzykowski said the company has seen the peak of its customer expansion in the early 2020s, but it is still increasing market share thanks to its network upgrades.
‘Converge controls nearly 30 percent of the fixed broadband market, with most customers using fiber-to-the-home, but some still use cable broadband. Its rapid market share growth through the early 2020s has slowed a bit, but they continue to take share,’ Wyrzykowski said.
For Globe, Wyrzykowski said the target appears to be growing in the low-cost market, where its GFiber Prepaid has gained more than 400,000 subscribers to date.
Right now, Globe controls 20 percent of the broadband market, offering wired and fixed wireless access, and it is upgrading its last-mile assets to fiber to improve connectivity.