Technology Industry
Industry: Email Alert RSS FeedKDDI, Tepco form alliance to rival NTT
Telecommunications Mergers & Acquisitions, November, 2005 by Anonymous
As per a report in AFP, Tokyo Electric Power (Tepco) and KDDI, based in Japan, have decided to merge to compete with another Japanese company, NTT. KDDI will acquire Tepco's telecom subsidiary, PoweredCom, through share swap. The $870 million deal will be carried out on January 1, 2006.
Tepco is the largest provider of power in the private sector across the world. With this deal, Softbank, NTT, and KDDI will be the major players in the landline market in Japan. However, KDDI has to use NTT's landline network to provide cellular services to customers. With the acquisition of Tepco, KDDI will get access to fiber-optic lines of PoweredCom to provide services to residential as well as corporate users.
CXO UnpluggedSmart Business interviews on BNET
See and hear how senior level executives across the Asia Pacific are developing smart business ideas across a variety of sectors. The focus is on the future, and on how businesses need to evolve.
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
