Globe Telecom Inc. expects its biggest data center to be operational in two years as the company capitalizes on growing demand and customers wanting to hedge geopolitical risks, President and Chief Executive Officer Ernest Cu said.
“We’re now in the throes of building a 124-megawatt facility with ST Telemedia here in the Philippines, and hopefully we’ll have it online early 2025,” Cu said in an interview on Monday with Bloomberg Television’s David Ingles, Yvonne Man and Rishaad Salamat. The facility in suburb Quezon City comprises over 83,000 square meters of gross floor area across four buildings.
Globe is looking at two more landing stations in the country to boost connectivity and data capacity in underserved areas. Singapore Telecommunications Ltd. owns about 47% of Globe Telecom’s common shares, while Philippine conglomerate Ayala Corp. holds about 31%, according to data compiled by Bloomberg.
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