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British mobile giant Vodafone has Japan on tenterhooks by continuing to remain mum on its deal to sell the core fixed-line business of the Japan telecom group to Ripplewood Holdings or other buyers.
Vodafone acquired the majority of 66.7% shareholding in the country’s third largest fixed-line operator, Japan Telecom, in 2001 for ・1.4 trillion (US$12 billion) in order to gain a controlling interest in J-Phone, the third largest mobile phone company in the world’s most sophisticated market. Japan Telecom was originally established as a subsidiary of the now-defunct Japan National Railways.
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Some sage advise when entering new turf; Stop, Look and Listen.. it’s also good to secure a local guide. Japan is the cradle of mobile civilization – we have been dedicated to this space since 2001 – trust our archives here offer some useful material.
Domestic activities continue to set the pace, and sharp players are looking at global markets. We have hard-earned industry expertise and trusted network of contacts with access to advanced intell. and potential deal flow. Need a lift.. Ok, buckle-up!