SoftBank to Buy Willcom
SoftBank has agreed to buy a 100% stake in Willcom Inc, pending court approval of Willcom’s rehabilitation plan. http://bit.ly/anQkWe
SoftBank has agreed to buy a 100% stake in Willcom Inc, pending court approval of Willcom’s rehabilitation plan. http://bit.ly/anQkWe
The Washington Post is reporting that The Carlyle Group suffered a $330 million loss Thursday when a Japanese mobile phone company in which it had a big interest filed for bankruptcy protection, the second time in a little more than a year that Carlyle has taken a hit in the highly volatile telecommunications field.
Willcom is in talks to reorganize with the support of Japan’s state-backed turnaround agency according to Nikkei English News – http://bit.ly/7FlGHK
Willcom introduces HYBRID W-ZERO3 smartphone, made by Sharp and running WiMo 6.5, avail end of Jan [JPN] http://bit.ly/4s9vBP
SoftBank is considering a play for Willcom – according to the Yomiuri Shimbun – see in English Here.
Wavesat announced that its “Odyssey” chipset is the first, and currently the only, to be widely deployed in Willcom’s new “XGP” broadband wireless network, which entered commercial service this month in Japan. Willcom’s data-only XGP service, based on a 4G “OFDMA” standard, is available to the general public and enterprise users. The 4G multi-core architecture incorporates multiple ultra low power DSPs, offering flexibility, high performance and low power consumption. The SOC manufactured using advanced Embedded DRAM technology requires no external memory, thus saving customers power consumption for very small form-factor. The Odyssey chipset is featured in Willcom’s GX001N XGP PC Cards manufactured by NEC.