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 [.pdf in Japanese]. In July NextWave signed a definitive agreement to aquire 69.23 percent of the company from Mori Trust. IP Mobile was awarded an operating licence in November 2005 and was given two years to launch mobile broadband services.
DoCoMo just announced that it has established an office in Hanoi, Vietnam in September 2007. DoCoMo will use the Hanoi office to enhance its information-gathering capabilities, explore potential business opportunities, and raise its profile among and strengthen relationships with government officials and corporate executives in the burgeoning Vietnamese market. This is the company’s fourth overseas office, joining existing facilities in Beijing, Shanghai and Singapore. The office, operated by a staff of four, will also have oversight for Laos and Cambodia.
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.
According to this report on WSJ Sanyo said it would sell their retail sales division to Telepark for 4.8 billion yen ($41.6 million). Sanyo had been reluctant to sell off businesses but Goldman Sachs and other investors that last year funded a 300 billion yen bailout have put on the pressure, resulting in management changes and a new strategy. This exit decision was revealed in July however the closing price is well below previous estimates.
ACCESS has announced that its NetFront Browser and NetFront Messaging Client are featured in the new Sharp 3G handset that Vodafone unveiled on September 10. The 880SH supports both W-CDMA and GSM and is compatible with HSDPA. The handset, developed mainly for the European market, was recently introduced as part of Vodafone’s Christmas 2007 lineup.
According to the Nikkei, via Reuters, Kyocera and Sanyo are close to inking a deal that would merge the device makers into the world’s seventh largest mobile phone manufacturer. The business daily stated Kyocera aims to buy Sanyo’s mobile phone operations for about 50 billion yen ($435 million), Sanyo expects to sell about 11 million units in the current business year to March 2008, down from its initial estimates of 12.5-12.6 million. Both Kyocera and Sanyo said in separate statements that nothing has been decided.
