Negosyante News

December 23, 2024 7:37 pm

Converge Set to Build A New Data Center in Cebu Amounting to ₱1 Billion

IMG SOURCE: Rappler

Converge ICT Solutions Inc. continues its expansion outside of Luzon as it looks to invest ₱1 billion for the construction of a new data center to be situated in Cebu. The fiber broadband provider hopes to start building within the year.

“This data center is quite important, especially for the Visayas, as the demand for digital services and data requirements are going up. We just bought a property in Mandaue where the site will be built,” explained Converge CEO and co-founder Dennis Uy.

Uy is expecting the upcoming data center to be considered as a state-of-the-art facility, which will initially house 300 data center racks. Additionally, Converge will also be aiming to employ thousands as a customer contact center will also be embedded.

Converge’s data center services include network management services, multi-homed network, disaster recovery services, network redundancy solutions, 24/7 monitoring, co-location, and local connectivity. These are primarily geared for enterprise clients.

Aside from the new data center, the firm has also invested in a domestic submarine cable network that aims to connect Visayas and Mindanao to its national distribution network. This project costs ₱6 billion and has already reached more than 69,000 kilometers as of end-April.

“Our multi-billion peso investment in the Visayas region is a signal of our commitment to provide the best fiber broadband service to the market,” said Uy.

Converge has allocated ₱20 billion for capital expenditures this year as it continues to aggressively expand its national fiber backbone. It hopes to reach 35% of Filipino households by December. The fiber broadband provider is also setting the pace for its goal of reaching 55% of Filipino households by 2025.

 

Source: PhilStar

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