Vodafone
Vodafone

Vodafone

SoftBank to Restructure Telco Debt

Japan’s Softbank plans to raise about $12 billion by securitizing earnings of the cell phone unit it bought from Vodafone Group, a source close to the matter said on Tuesday, allowing it to secure funds at a lower rate than with conventional loans. Earlier this year, Softbank bought Vodafone Japan for 1.8 trillion yen ($15.4 billion) after borrowing 1.3 trillion yen in short-term bridge loans, arranged by 17 banks led by Mizuho Financial Group, Deutsche Bank and Citigroup.

DoCoMo Mobile Credit: Everything You Know About 3G is Useless

DoCoMo Mobile Credit: Everything You Know About 3G is Useless by Mobikyo KKWWJ has spotted the first presence of NTT DoCoMo’s ‘DCMX’ mobile credit (card) service on the streets of Tokyo and, once again, the future has arrived. Lawrence Cosh-Ishii, WWJ’s director of digital media, en route to a central Tokyo video shoot a few days ago, spied the first street-level advert for retail goods payable via DCMX (image at right).

Predictably, the pitch came from Girl’s Walker, Xavel’s icon of community-centric, user-recommended mobile shopping, which earned the company Pharaonic riches long before dusty old ‘blogs’ were ever invented. Girl’s Walker is touting a special fall line of fashionable goods that can be paid for via “DoCoMo credit,” which takes the form of a real credit payment for adults, or the purchase cost is added to the monthly phone bill, for cash-flush, under-age teens. Note no reference to any sort of ‘card’ – the service is the phone, and credit ‘cards’ are oh-so-1970s.

DCMX is shaping up to be the main pillar in DoCoMo’s consumer financial services strategy that will lock in mobilers and secure massive revenues long after 3G – and the mere delivery of mobile digital content – has become a low-margin sideline that markets elsewhere still can’t comprehend. DCMX isn’t merely the the ‘Next Big Thing’ – it’s everything; and it’s going to make 3G itself redundant (WWJ subscribers log in for full viewpoint and details on the DCMX mobile credit service).

Mobile email rocks!

I’ve had some interesting discussions in the past ten days with folks in Japan, Europe and elsewhere on the topic of mobile email. The topic also came up at last Friday’s W2 Forum seminar on Japan and Korea (“Trends & Insights from Japan & Korea“), held in London and attended by a lively and interesting group of folks from publishers, content providers, media, analysts, ad agencies, tech vendors and others.

HTC Japan Scores Second Carrier Deal

SoftBank has just issued a press release – together with HTC – indicating that High Tech Computer Corp. CEO Peter Chou and Vodafone KK President and Representative Executive Officer Masayoshi Son have signed a strategic collaboration agreement under which both parties will collaborate to develop and sell 3G PDA phones in Japan. According to the statement, products will be available as of late 2006.

SoftBank Announces – Almost – iPhone

To celebrate the upcoming official re-branding of Vodafone KK to SoftBank Mobile, due for 1 October, we just received a press release [.PDF in Japanese] announcing the company will offer – starting today – a free 2-GB iPod nano to customers who buy their 705sh handset. We expected to hear more from the folks in Shiodome about their mobile number portability battle plan and this looks like a good start. We also should point out that Vodafone have already been selling the best example of an iPhone, the V803T by Toshiba, in Japan for well over a year now.

eAccess to Borrow DoCoMo Network

Japan’s eAccess Ltd. said on Monday its wireless unit will borrow its bigger rival NTT DoCoMo Inc.’s network to offer a nationwide cellphone service. eAccess’ mobile unit will roam on DoCoMo’s network in areas outside the major cities of Tokyo, Osaka and Nagoya. The agreement will helps eAccess launch a nationwide voice service in March 2008 before completing its own network. Prior to the nationwide mobile phone service, eAccess aims to offer wireless data service in March 2007.