Taiwan Group to Work with KDDI
Taiwan-based Shin Kong Financial Group plans to cooperate with KDDI for joint investment in Asia Pacific Broadband Telecom, a fixed-line/3G mobile telecommunication operator in Taiwan, to become the largest shareholder, according to this post on DigiTimes. Both KDDI and APBT adopt CDMA2000 for their 3G operation, a reason for Shin Kong to invite KDDI to jointly invest, the sources noted.