-
IPMobile Announces Major Changes
IPMobile announced that its major shareholder, Multimedia Research Institute Corp., has reached an agreement with Mori Trust Co., Ltd. to transfer its stocks, therefore Mori Trust will become IPMobile’s major shareholder. According to the statement, IPMobile will review its capital structure and continue to raise investments required to launch commercial services. IPMobile is currently in talks with Mori Trust Co., Ltd. and will make an announcement about the timing of the launch and the details of its service once an agreement is reached.
Furthermore, IPMobile denied rumors that it is giving up its 2GHz spectrum allocation as reported in certain media. IPMobile IPMobile received its allocation of 2GHz spectrum from the Japanese
Ministry of Internal Affairs and Communications on November, 2005. It aims to commence the first wireless broadband service in Japan using TD-CDMA technology.
Servcorp Serviced Offices and Virtual Offices
- Related Posts:
- IPMobile Files for Bankruptcy
IT Media is reporting that IPMobile applied to the Tokyo District Court for voluntary bankruptcy today. The article states that their wireless business license was returned to the Telecommunications...- IPMobile Makes 11th Hour Move
IPMobile announced last week that it has reached an agreement with Hong Kong based Distacom Group. The company is planning to lodge a request with Ministry, ahead of the...- NextWave Wireless to Aquire IPMobile
NextWave Wireless announced that it has signed a definitive agreement to acquire all shares of IPMobile held by Mori Trust Co., Ltd., of Japan. Upon closing of the transaction,...- IPMobile Tests 42MB Wireless
New market entrant IPMobile, which was granted a carrier license by Japan's Ministry of Internal Affairs and Communications in November 2005, will conduct advanced TD-SCDMA field trials in Tokyo...- IPMobile Ownership Saga Continues
US telecom firm NextWave Wireless has apparently decided to sell its stake in IP Mobile, only one month after it became the majority shareholder, according to this announcement ...
