IPS Unit InfiniVAN Leases Key Philippine Cable Assets to Build East–West Digital Corridor

IPS, Inc. ( (JP:4390) ) has provided an update.

IPS, Inc.’s Philippine subsidiary InfiniVAN has signed a 15‑year, renewable long-term lease with the Bases Conversion and Development Authority for the Poro Point submarine cable landing station and the Luzon Bypass Infrastructure, securing a cross‑island backbone on Luzon without heavy upfront capital spending. By integrating the largely underused LBI into its network and pairing Poro Point on the west coast with a new cable landing station in Baler on the east coast, InfiniVAN aims to expand domestic services, host multiple international submarine cable systems including the planned Candle cable with Meta and SoftBank, and create a lower‑risk digital corridor that enhances the Philippines’ role as an intra‑Asian communications hub while boosting IPS’s revenue potential and profitability.

The most recent analyst rating on (JP:4390) stock is a Hold with a Yen3254.00 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. is a Japan-listed telecommunications group whose main overseas operations include InfiniVAN, Inc., an internet services provider in the Philippines. Through InfiniVAN, where it holds a majority stake, IPS focuses on backbone and submarine cable infrastructure to support high-speed, high-capacity connectivity across Asia, positioning the Philippines as a strategic regional communications hub.

Average Trading Volume: 74,449

Technical Sentiment Signal: Buy

Current Market Cap: Yen43.32B

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