Vodafone seeks revival in Japan
Vodafone Group, the world’s largest cellphone company by sales, will use its experience with high-speed wireless services in Japan to stay ahead of competitors in less advanced markets, said Shiro Tsuda, who runs the Japanese unit. “Japan is way ahead in 3G,” Tsuda, president of Vodafone K.K., said in an interview Friday.
Tsuda’s comments come after analysts, including Hitoshi Hayakawa at Credit Suisse First Boston and Gerhard Fasol at Eurotechnology-Japan in Tokyo, said there was speculation that Vodafone might sell the Japanese business, where sales fell 14 percent in the nine months through December. Full story Here.