Softbank Blocked from 3G Spectrum
Softbank Corp., Japan’s largest Internet provider, complained that its plan to offer a new mobile phone service could be thwarted by the government’s refusal to provide the necessary bandwidth. Masayoshi Son, the billionaire founder and chief executive of Softbank, told a news conference Monday that the company wanted to begin offering 3G service utilizing CDMA2000 technology. But he said the telecommunications ministry’s decision to allocate the key 800mhz band exclusively to NTT DoCoMo Inc. and to KDDI Corp., is blocking Softbank from launching the service.
“The decision will prohibit newcomers from entering into the cellular phone business by excessively favoring existing companies,” Son said.
Via: Channel News Asia