PHILIPPINE Long Distance Telephone Co. (PLDT) will commence operation of its third Internet data center situated in Cebu by the second quarter of the year, the phone giant said Monday.
The first facility was set up in Pasig City while the second one is in Subic.
The data center will cater to the data and information management requirements and ICT (information and communications technology) needs of businesses in the Visayas area, particularly in Cebu.
â€œOur Vitro data center promises stability, security, and reliability for data management needs of enterprises and thus, allows them to focus on their core businesses,â€ said Executive Vice President and Head of Enterprise and International and Carrier Business Eric R. Alberto.
â€œBusinesses can expect the continuity and dependability from these facilities as they are supported by PLDTâ€™s unparalleled domestic fiber optic network in the country as well as the robust wireless connectivity of Smart,â€ he added.
The phone giant isÂ rolling out Vitro data center facilities in key areas across the country to provide businesses cloud-based data and information management services.
Meanwhile, PLDT Communications and Energy Ventures Inc. (PCEV)â€”formerly Pilipino Telephone Cop. (Piltel)â€”posted a net income of P428 million in the first three months of the year, higher than the P213 million recorded in the same period last year.
In a disclosure to the stock exchange yesterday, PCEVâ€™s core net income stood at P517 million at end-March compared to P525 million in the first quarter of 2011.
PCEV holds 50 percent of Beacon Electric Asset Holdings Inc., a special purpose company jointly owned by PCEV and Metro Pacific Investments Corp. (MPIC) whose sole purpose is to invest shares in Manila Electric Co.
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