Monday, 21 April 2025, 7:42 am

    Telco niche player plans raising P3B via IPO

    InfiniVAN Inc., a Japanese telecommunications company specializing in business-to-business internet solutions, is considering going public by late this year or early next year. The company aims to raise between P2 billion to P3 billion from local investors, marking a significant step in its growth plans.

    Eduardo Francisco, president of BDO Capital and Investment Corp., highlighted the company’s success in a niche segment of the market providing vital backup internet services to businesses. While InfiniVAN may be small in scale, Francisco said it serves an essential role for clients by offering both primary and secondary broadband connections.

    “They’re doing very well, despite being a small company,” Francisco said, emphasizing the firm’s focus on business customers rather than residential users. He added that InfiniVAN’s operations in Bonifacio Global City and its ability to secure a strong customer base are proof of its effective business model.

    InfiniVAN subcontracts leased lines from PLDT Inc., selling internet connections to businesses, and has established a reputation for reliability in providing long-term contracts. Francisco praised the company’s model, underscoring that its business-to-business model distinguishes it from competitors like Converge ICT Solutions Inc., which focuses more on residential internet services.

    The company, which combines Japanese expertise with local Filipino investment, positions itself as a reliable digital solutions provider in the Philippines. According to its website, InfiniVAN offers world-class connection and fiber optic infrastructure to ensure superior internet experiences for businesses.

    With a growing number of customers, the potential IPO marks an exciting chapter for the company as it looks to expand its footprint in the Philippines’ competitive telecommunications market.

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