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An update from IPS, Inc. ( (JP:4390) ) is now available.
IPS, Inc. has announced a significant capital investment in a new international submarine cable, marking the largest in its history. This strategic initiative aims to broaden its telecommunications business in Asia, enhance economic security, and drive sustainable growth. The project is expected to strengthen IPS’s business foundation and corporate value by contributing to the development of data hubs and AI infrastructure in the region. Additionally, IPS has secured a large order through the provision of partial usage rights, which will help in early recovery of investment funds and continuous revenue generation post-construction.
More about IPS, Inc.
IPS, Inc. operates in the telecommunications industry, focusing on expanding its infrastructure and services across Asia. The company is involved in the development and management of international submarine cables, enhancing connectivity between countries like Japan, the Philippines, and Singapore.
Average Trading Volume: 36,350
Technical Sentiment Signal: Hold
Current Market Cap: Yen29.51B
See more insights into 4390 stock on TipRanks’ Stock Analysis page.