Investment in Telecommunications Infrastructure in the Philippines through InfiniVAN's Capital Increase
First written in FY2019-Q2. 6 of 8 entries say "Advanced", first in FY2019. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Domestic backbone network enhancement plan updatedAnnual report
「InfiniVAN, Inc. Republic of the Philippines Taguig City International telecommunications business Expansion of the Philippines domestic backbone network 2,500 - Internal funds and loans from the company Fiscal 2026 Fiscal 2026 Expansion of a telecommunications network covering the entire Philippines」
The company disclosed a capital investment plan to invest ¥2.5 billion in fiscal 2026 to expand the domestic backbone network covering the entire Philippines. The investment amount and implementation year have been updated from the plan presented in the previous fiscal year. - 2026-05-08AdvancedRevision of earnings forecasts
「For the international submarine cable landing station under construction in Baler on the east coast of Luzon in the Philippines, we aim to complete construction at an early date and are negotiating with international submarine cable operators to provide cable landing services.」
The Baler cable landing station remains under construction, and negotiations for the provision of cable landing services are under way. - FY2025AdvancedAnnual report
「InfiniVAN, Inc. Republic of the Philippines Taguig City International telecommunications business Expansion of the Philippines domestic backbone network 4,500 － Internal funds and loans from the company Fiscal 2025 Fiscal 2025 Expansion of a telecommunications network covering the entire Philippines」
Even after completion of PDSCN, the company disclosed a fiscal 2025 plan to invest ¥4.5 billion in expanding the domestic backbone network covering the entire Philippines. In addition, construction of a landing station in the Philippines is planned to begin in July 2025 and be completed in June 2026, with an investment of ¥2 billion. - FY2022AdvancedAnnual report
「Capital expenditures during the consolidated fiscal year amounted to ¥1,303 million in the domestic Philippines telecommunications business, ¥156 million in the overseas telecommunications business, ¥65 million in the medical and beauty business, and ¥27 million in the domestic telecommunications business.」
The company recorded actual investment of ¥1,303 million in domestic Philippines telecommunications facilities and ¥156 million in overseas telecommunications facilities. It also disclosed a plan to invest a total of ¥8,500 million in submarine cable equipment in the Philippines, starting in fiscal 2022 and scheduled for completion in fiscal 2023. - FY2020AdvancedAnnual report
「Capital expenditures during the consolidated fiscal year amounted to ¥920 million in the domestic Philippines telecommunications business, ¥56 million in the medical and beauty business, and ¥30 million in other areas.」
The company recorded ¥920 million in actual investment in telecommunications facilities in the Philippines. It also indicated plans to finance future telecommunications infrastructure investments primarily through operating cash flow and long-term bank borrowings. - FY2020-Q3AdvancedAnnual report
「Accordingly, the Group's subsidiary InfiniVAN, Inc. is partnering with local cable television operators to carry out construction to install more than 2,000 km of circuits on Mindanao.」
InfiniVAN’s communications infrastructure development has progressed from the planning stage to the construction stage, with more than 2,000 km of lines to be laid on Mindanao. - FY2019AdvancedAnnual report
「Although many areas of Mindanao have inadequate network facilities operated by partner telecommunications carriers, the Group's subsidiary InfiniVAN, Inc. is installing approximately 150 km of circuits between Davao and General Santos and developing cable television operators along the route. It also plans to install more than 2,000 km of circuits in 2019 in partnership with local cable television operators.」
InfiniVAN advanced the installation of approximately 150 km of circuits between Davao and General Santos and indicated a plan to install more than 2,000 km with local cable television operators in 2019. - FY2019-Q2First statedAnnual report
「The policy is to allocate the funds raised through the capital increase to capital expenditures for the telecommunications business in the Philippines.」
As a significant subsequent event, the Group disclosed that InfiniVAN issued 530,000 shares on 8 November 2018 and raised PHP425 million on the payment date. Part of the Group's contribution was funded through a ¥494 million debt-to-equity swap, and the Group indicated that the funds raised would be allocated to telecommunications equipment investment in the Philippines.