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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.Â
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.
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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!