Year: <span>2006</span>
Year: 2006

Year: 2006

Dentsu Enters FIFA Broadcast JV

According to a recent press release, FIFA has announced its decision on the distribution for the Asian broadcast rights to the 2010 and 2014 FIFA World Cup and all FIFA Events between 2007 and 2014 following a tender process that was started in the autumn 2005. It has appointed a newly-formed joint venture established between two of its long-term partners, Infront Sports & Media, the international sports marketing company, and Dentsu, the Japan-based advertising company. The rights included in the appointment are in the categories of television, radio, broadband internet and mobile broadcasting in key Asian territories.

DoCoMo to Acquire Guam Carriers

NTT DoCoMo, Inc. has just announced that the company will wholly acquire Guam Cellular & Paging, Inc. (Guam Cellular) and Guam Wireless Telephone Company, LLC (Guam Wireless) for the total amount of US$71,800,000. Both companies provide mobile services in Guam and the Northern Mariana Islands. DoCoMo intends to establish a holding company to acquire 100% of the shares of Guam Cellular. It will then acquire the business of Guam Wireless through Guam Cellular and merge the two companies. DoCoMo will also provide additional funds up to approximately US$6,500,000 to strengthen the newly merged company’s facilities and infrastructure according to their press release.

UFJ and Visa Announce Mobile JV

UFJ Nicos, the core credit card division of UFJ Mitsubishi Financial Group and Visa International have agreed to offer mobile phone IC payment services. Under the deal announced UFJ will give Visa the right to use it’s “Smart Plus” settlement technology. The two companies will set up a new firm to oversee the service according to the report.

Vodafone sells Japan unit to Softbank for $11.9 bn

The news just hit the wires: Vodafone Group has agreed to sell its stake in its struggling Japanese unit to Softbank Corp. for $11.87 billion in cash. The deal announced on Friday values Vodafone Japan at around 1.8 trillion yen ($15.30 billion) including debt and will allow Vodafone to return 6 billion pounds to shareholders.

Editor’s note: This news will be all over the Web in a few minutes. What a sad end to what could have been a highly valuable synergistic move into the world’s most advanced 3G market! Defeated by fickle consumers, the lack of a low-end tier in the segment, and the challenge of coordinating terminals and technologies across borders, Vodafone is heading home. The price of the deal, a whopping 15 billion bucks, proves that Vodafone KK is a valuable commodity — in the right hands. — Eds.

New TV Broadcast Tower Announced

A project team formed by NHK and five major commercial broadcasters in Tokyo have decided that a 600-meter tower for terrestrial digital television broadcasting [.jpg] will be built in the Sumida-Taito area of the capital according to an article in the Yomiuri Shimbun. The new tower, dubbed Tokyo Tower 2 [formally named Sky Tree], is scheduled for completion at the end of 2010 and will be the worlds largest telecom tower, surpassing CN Tower in Toronto, currently the tallest at 553 meters. Video Here

Willcom Prepares for IPO

Japanese wireless service operator Willcom Inc., owned by U.S. investment fund Carlyle Group and Japanese electronics firm Kyocera Corp, will soon start choosing book-runners for its public share offering planned as early as next year, financial sources said. Willcom added 64,900 subscribers in February for a total of 3.8 million — an increase of 25 percent since March last year when it introduced the flat-rate voice plan.