PLDT’s total Enterprise business grew 9% or P35.2 billion by the third quarter of last year hitting P12 billion in total revenues as business activities picked up and as the economy continues to reopen.
Telco believes the demand for data centers solutions, as hyperscalers continue to show interest in the country, drives this growth
PLDT’s Data Center business remains a critical service in aiding the country’s expanding digital economy. It grew significantly in the third quarter of 2022 from the same period in 2021 boosting PLDT’s ICT business which was driven mainly by a 26% growth from data center colocation services.
“We are quite bullish about our data center business, and we will continue to invest in hyperscale-ready facilities across the country,” said Mitch Locsin, first vice president and head of Enterprise and International Business Groups of PLDT and Smart.
ePLDT, the data center and cloud subsidiary of the PLDT Group, is set to increase its data center capacity through the expansion of VITRO Makati2 and Paranaque within the next 18 months, adding an incremental 3,000 racks in total.
ePLDT currently operates 10 VITRO Data Centers, with its 11th site already in construction, a full hyperscale data center facility in Sta. Rosa, Laguna, that will have a total power capacity of 50 Megawatts, more than the total power capacity of all its data centers combined.
These facilities are further supported by the Group’s investments in international submarine cable systems including the Jupiter Cable system, the direct Trans-Pacific link between the US and the Philippines; Asia Direct Cable (ADC) system that will boost Intra-Asia connectivity for the Philippines; and Apricot Cable system by 2024.