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Archives

July 26, 2005

TEPCO, KDDI to Cooperate

Tokyo Electric Power Co., Japan’s largest power company, has launched negotiations with telecom carrier KDDI Corp. for a possible capital tie-up or merger of their communications businesses, the Asahi Shimbun reported Tuesday. 

The Japanese daily said the two companies are studying the possibility of the power company selling some of its equity stake in fixed-line communications subsidiary PoweredCom Inc. to KDDI, as well as jointly running a fiber-optic, broadband high-speed Internet service. Full story Here.

 

Related posts:

  1. KDDI to Buy TEPCO’s Telecom Unit
  2. KDDI to Buy Tokyo Electric Unit
  3. Livedoor Plans Tokyo Wi-Fi Venture
  4. KDDI to Slash Fee for 3G Data
  5. DoCoMo Pres. Seeks UK Partner for 3G

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