5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

PLDT targets launch of 11th data center next year

by
October 1, 2023
in Stock
0
PLDT targets launch of 11th data center next year













PLDT Inc. expects to launch the first phase of its 11th data center next year, its top official said, as he outlines the listed telecommunications company’s plan to put up more data centers.

“VITRO Sta. Rosa is actually our 11th data center. This is going to be up by the second quarter of 2024. What we are planning now is for our 12th data center,” Victor S. Genuino, president and chief executive officer of ePLDT, Inc. said during the Philippine Digicon 2023 last week.

ePLDT, the data center arm of PLDT, is mainly engaged in digital business solutions and the development of end-to-end technologies for enterprises.

Mr. Genuino said the first phase of the 11th data center is to be launched sometime next year, with its capacity potentially reaching a total of 50-megawatt (MW) load.

ePLDT earlier announced its plan to construct VITRO Sta. Rosa on a five-hectare lot in Sta. Rosa, Laguna. It previously set the capacity by 2024 at about 14 MW, which can be expanded up to 50 MW upon full operation.

“What’s gonna happen next year is we are going to launch the first phase of our data center in the first half of 2024, for the 11th. Then we expect the full data center fit up of 50 MW total load to be finished by the first quarter of 2025,” he told reporters on the sidelines of the event.

For the company’s planned 12th data center, PLDT is aiming to double the expected capacity of its 11th site, Mr.  Genuino said.

“Initially, the capacity that we are looking at is double the existing size that we have. VITRO Sta. Rosa would have a total load of about 50 MW. We are now looking for a site that can generate roughly 100 MW,” he said.

Mr. Genuino said the global average cost, depending on a data center’s geographical location, ranges between $6 million to $9 million per MW.

“What would dictate how much that would be is the geographical terrain of data centers. That is the kind of range we’re looking at. Globally, this is the acceptable standard,” he said.

The company is also considering emerging technologies for its planned data center addition, Mr. Genuino said.

“We need to anticipate and understand where technology is headed. I think next year 2024, 2025 will be a good basis for us to see what we build — do we build a normal data center, do we build a hyperscale data center or do we build a generative AI (artificial intelligence) data center,” he added. — Ashley Erika O. Jose

Neil Banzuelo

RELATED ARTICLESMORE FROM AUTHOR



MORE STORIES


Previous Post

Paris Fashion Week: Hermes goes sleek, Coperni adopts AI, Dries Van Noten chooses layers, jumpsuits at Saint Laurent, Dior gets frayed, and Pierre Cardin chooses the Communists for show

Next Post

PH1 World Developers sets P11-B projects

Next Post
PH1 World Developers sets P11-B projects

PH1 World Developers sets P11-B projects

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Jeremy Clarkson slams regulators as ‘most expensive’ Hawkstone beer advert is banned

    Jeremy Clarkson slams regulators as ‘most expensive’ Hawkstone beer advert is banned

    July 14, 2025
    How the law shapes the reality for motorcyclists after serious injuries

    How the law shapes the reality for motorcyclists after serious injuries

    July 14, 2025
    How The Canadian Academy of Osteopathy Is Reshaping Osteopathic Education

    How The Canadian Academy of Osteopathy Is Reshaping Osteopathic Education

    July 14, 2025
    30 manufacturing projects in the works

    30 manufacturing projects in the works

    July 14, 2025

    Disclaimer: 5GInvestmentNews.com, 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.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.