LISTED fiber broadband provider Converge ICT Solutions, Inc. is planning to expand its data center footprint outside Luzon, with possible sites within the Visayas or Mindanao, its top executive said.
“For future expansion, we’re taking a look at some sites already,” Converge Chief Executive Officer Dennis Anthony H. Uy told reporters on the sidelines of a forum on Monday.
“(The subsequent site) will likely be within the south, Visayas or Mindanao, because it is advisable bring it closer to the patron,” he added.
Mr. Uy said the corporate’s next facility could have an initial capability of 20 megawatts (MW), scalable as much as 100 MW.
Converge’s Pampanga data center currently has a 10-MW capability and houses about 1,200 racks, while its Caloocan data center, which recently secured a Tier 3 design certification, has 3 MW and 290 racks.
The corporate earlier set a P25-billion capital expenditure budget for 2025, mainly for subsea cable payments and data center expansion.
Converge has trimmed its full-year revenue growth goal to 10-12%, from as much as 16% previously, citing manpower constraints and slower rollout of latest enterprise solutions.
For the second quarter, its attributable net income rose 6.9% to P2.93 billion, as revenues climbed 10% to P10.98 billion.
On Tuesday, Converge shares gained 1.76% or 22 centavos to shut at P12.72 apiece on the local bourse. — Ashley Erika O. Jose