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An announcement from IPS, Inc. ( (JP:4390) ) is now available.
IPS, Inc. has announced additional details about its involvement in the Candle Submarine Cable System, a new international submarine cable connecting Japan, the Philippines, and Singapore, among other locations. This project, in collaboration with partners like Meta and Softbank, aims to bolster digital infrastructure in the Asia-Pacific region, addressing the growing demand for high-speed data communication driven by advancements in AI and 5G technology. The cable system, scheduled for operation in 2028, will enhance network capacity and resilience, positioning IPS, Inc. as a key player in the region’s telecommunications landscape.
The most recent analyst rating on (JP:4390) stock is a Buy with a Yen3130.00 price target. To see the full list of analyst forecasts on IPS, Inc. stock, see the JP:4390 Stock Forecast page.
More about IPS, Inc.
IPS, Inc. operates in the telecommunications industry, focusing on international submarine cables. The company is involved in expanding communication infrastructure in the Asia region, aiming to enhance digital connectivity and economic opportunities.
Average Trading Volume: 100,785
Technical Sentiment Signal: Buy
Current Market Cap: Yen43.5B
Learn more about 4390 stock on TipRanks’ Stock Analysis page.