Fiber broadband and technology services provider Converge ICT Solutions Inc. said it is on track to activate two new data centers and two international cable systems this year.
"This 2025, Converge is positioned for a transformative year in the major plan ahead as we advance in our techco (technology company) direction. First we are excited to activate two state of the art data centers to support the growing demand of cloud and enterprise services," said Converge chief executive officer and co-founder Dennis Anthony Uy during the company's virtual annual stockholders meeting on Friday.
"Second, two significant international cable systems are expected to go online this year. The Bifrost and the SEA H2X submarine cable system," he added.
Last year, Converge started the construction of two new data centers located in Metro Manila and Pampanga with a combined 1,500 racks to serve its increasing enterprise customer base and demand for bandwidth-heavy applications by its broadband subscribers.
In January, Converge announced that it secured a rare Tier 3 design certification for its data center in Caloocan City that is scheduled to go online within the year.
The certification confirms that the Caloocan Data Center is compliant with industry standards on maintainability and redundancy and validates that the facility is reliable enough to be online for most of the time, ensuring that it can serve requirements consistently.
The two cable systems, meanwhile, will allow Converge to fully support residential customers and large-scale enterprises.
"The integration of our new data center along with the development of two cable systems position us to proper our converge global business," Uy said.
The company earlier said its capital expenditures will be around P20 billion to P25 billion this year.
The amount includes payments for the two subsea cable systems Bifrost and SEA H2X and investments in the two new data centers.
CONVERGE SCREENSHOT