Philippines May Be Next Data Center Hub, Globe Telecom CEO Says
- Company sees data center with ST Telemedia online in 2025
- No rush for GCash to go public, IPO likely in 1-2 years
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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.