Thursday, January 26, 2023

PLDT continues to see growth in enterprise sector, driven by increased demand for data centers

The Philippines’ largest fully integrated telco PLDT is banking on global hyper scaler interest in the country, the robust demand for data center solutions, enterprise digital transformation, and rising data consumption to further drive the momentum of PLDT’s Enterprise business in 2023.

PLDT’s total Enterprise business grew 9% or PhP 35.2 billion by the third quarter of last year, sustaining its strong momentum, hitting PhP 12 billion in total revenues as business activities picked up and as the economy continues to reopen.

PLDT Enterprise reported record-breaking performance in 2022 thanks to the strong resurgence of business activity. Mitch Locsin, First Vice President and Head of Enterprise and International Business Groups of PLDT and Smart, mentions how business customers have shown determination and resilience in making digital transformation a priority in their business.

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 further boosting PLDT’s ICT business which was driven mainly by a 26% growth from data center colocation services.

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 will have a total power capacity of 50 Megawatts, more than the total power capacity of all its data centers combined.

Locsin affirms PLDT’s commitment in building a top-tier digital ecosystem, with new hyperscale data centers and international subsea cable systems this year. “We are quite bullish about our data center business, and we will continue to invest in hyper-scale-ready facilities across the country,” he adds.

 These facilities are further supported by the Group’s significant investments in international submarine cable systems including the Jupiter Cable system, the fastest and 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 the Apricot Cable system by 2024.

These undertakings continue to put PLDT at the forefront of delivering advanced digital services to consumers and lifting the country’s standing as the next hyperscale destination in the Asia Pacific.

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