Connect with us

Hi, what are you looking for?

Stock Markets

PLDT increasing budget to keep data center in Laguna on track

THE PLDT group expects to exceed its budget of P85 billion for the year to keep its projects, including the hyperscale data center in Sta. Rosa, Laguna, on track.

“We’ll be higher than P85 billion,” PLDT, Inc. Chief Executive Officer and President Alfredo S. Panlilio told reporters last week. “There are some projects that we are fast-tracking, the hyperscale data center for example, because some of the equipment that normally take a shorter lead time now take longer because of supply chain issues, so you might have to pull that forward,” he noted.

“There are projects like these that we’re looking at to make sure that we don’t get delayed in the future,” he added.

The company has said that it will be spending up to P13 billion for its 11th and largest VITRO hyperscale data center facility.

The project, which is expected to be completed by 2024, is being carried out by the group’s information and communications technology arm ePLDT.

The project will be the “first of a series of hyperscale data centers totaling to a power requirement of 100 megawatts over the medium term,” PLDT said.

According to Mr. Panlilio, the group’s data centers are being expanded to accommodate the growing demand and ensure that “we are able to keep up and deliver future requirements.”

On Friday last week, the group announced that it had successfully completed the landing of the shore-end segment of the Asia Direct Cable system (ADC) project at its western cable landing station in Nasugbu, Batangas.

The project, once completed, is expected to boost the group’s international capacity by up to 36 terabits per second (Tbps), bringing it to nearly 100 Tbps by end-2023.

“Commencing in the Philippines, the second stage of the marine installation will continue to further link six other international cable landing points in Asia including Tuas, Singapore; Chung Hom Kok, Hong Kong; Quy Nhon, Vietnam; Sri Racha, Thailand; and Shantou, China. The marine installation of the trunk segment to Maruyama, Japan was completed during the first stage of the marine works,” PLDT said in a statement.

ADC is a global consortium comprised of PLDT, China Telecom, China Unicom, National Telecom, Singtel, SoftBank Corp., Tata Communications, and the Viettel Group.

“Once ADC is completed and put in service by end-2023, PLDT’s Batangas cable landing station will host a total of three international subsea cable systems. It currently hosts SEA-ME-WE3 cable that goes to South Asia, the Middle East and Western Europe, as well as the regional Asia Pacific Cable Network Number 2,” the group said.

Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls. — Arjay L. Balinbin

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like


Students at any level in their college life find the use of assignment writing services for professional assignment help important. Daily, students in...

Stock Markets

YORDENIS Ugas celebrates with his team after defeating Manny Pacquiao in a world welterweight championship bout at T-Mobile Arena. — REUTERS By Michael Angelo...


Competition is very tough right now. We all know that right now, people are preparing for exams in a manner in which they have...

Stock Markets

A common occurrence, catching a cold can happen anywhere at any time. And in this new normal, sensing the chances or risks of getting...

Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Captain Of Success. All Rights Reserved.