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March 27, 2014

Yahoo Japan Buys eAccess to Launch Yahoo!mobile

Yahoo Japan buys eAccess from SoftBank, with Willcom merger = 10M mobile customers, for $3Bn to launch Y!mobile http://bit.ly/1eefHII

Yahoo Japan Corp will buy mobile network operator eAccess from No. 3 Japanese wireless carrier SoftBank Corp for 324 billion yen ($3.17 billion) to launch its own mobile Internet service.

Yahoo Japan, the country’s biggest Internet portal and 42.6 percent owned by SoftBank, said on Thursday its new Y!mobile service would aim for more than 20 million users and would use a simple pricing structure to attract new customers.

The purchase, scheduled for June 2, will immediately follow eAccess’ planned merger with wireless provider Willcom, another SoftBank subsidiary. The two currently have about 10 million users combined. Full story via Reuters.

Related posts:

  1. EAccess to Join TD-CDMA 3G Services
  2. EAccess Announces eMobile Share Issue
  3. Softbank to Sell Yahoo Stake
  4. Yahoo Japan Launches Mobile Content
  5. SoftBank to Acquire eAccess in Share Swap

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  • Mobikyo K.K. publishes Wireless Watch Japan, organizes MobileMonday Tokyo networking events and operates Mobile Intelligence study tours providing related custom research and advisory services. Mobikyo's founding directors are deeply connected with, respected by, and committed to, Japan's wireless and IT business community. Thousands of managers, planners, engineers and strategists depend on Mobikyo to learn about Japan's unique business models, technologies, contents, services, applications and hardware from the most innovative test-bed market for next-generation mobile industry. "Mobikyo" was chosen for the unique blending of Mobile and Tokyo. However, depending on the kanji character used for kyo, it could also mean association, capital, religion or today. With fantastic support from our clients, partners and affiliates in Japan and overseas, we have become the trusted source of independent market intelligence & business networking connections based in Tokyo.
  • MobileMonday Tokyo is a leading networking organization supporting Tokyo's mobile industry. We launched in September 2004, with over 70 events to-date, hosting an average 100-200 industry delegates. MobileMonday is an open platform for mobile industry visionaries, developers and industry insiders fostering cooperation and business development through live networking events to share ideas, best practices and trends from global markets. Chapters are active in over 100 cities worldwide and new locations continue to launch monthly. Founded in Helsinki, Finland, in 2000, MobileMonday is organized by a global team of 300+ volunteers and it has become the world's largest mobile community network. Details via MoMo Tokyo website
  • Mobile Intelligence offers related custom research and consulting designed specifically for industry executives working in sales, marketing, product development, strategy, venture capital and the media. From private workshops and conference presentations to trend spotting innovation and detailed analysis, our services are based on the direct experience and lessons learned in the Japanese mobile market. We also run a unique in-Japan guided tour service providing market introductions, personal connections and actionable lessons for clients overseas. Delegates take part in seminar and attend inside sessions, at individual companies, in technology showrooms, and -- most importantly -- on the fabled streets of Tokyo. Alumni return home with a competitive edge, integrated awareness and personal contacts moving them to the forefront of new business development. Full details via Mobile Intelligence website