New JV Announced for WiMax Spectrum
Fresh off the wires from JCN; KDDI, Intel, JR, Kyocera, Daiwa, and the Bank of Tokyo-Mitsubishi have agreed to a new form joint venture, named Wireless Broadband Planning K.K. (WBPK), in order to bid on the 2.5GHz frequency band for Mobile Broadband Wireless Access System. Subsequent to obtaining a license, it will develop and operate a wireless network based on mobile WiMAX technology.
WBPK intends to become a global leader in the development and deployment of innovative services based around mobile WiMAX, and also intends offering these services globally through roaming agreements.
Subsequent to obtaining a license, WBPK intends to launch a wireless broadband business promptly. WBPK also sees opportunity for creating new market segments in co-operation with Mobile Virtual Network Operators (MVNOs). This will help consumers enjoy a variety of broadband services.
This would be the counter-measure from KDDI in response to the recent Communications Ministry decision to not license 2.5GHz spectrum to the incumbant telcos, DoCoMo has already announced their move to join with ACCA Networks. A strong line-up of players with Intel and Japan Rail will certainly make things rather interesting here in the next few years!