Technology Industry

Industry: Email Alert RSS Feed
Comments

Vodafone K.K not for sale and is looking to grow

Telecomworldwire, Feb 22, 2005

TELECOMWORLDWIRE-22 February 2005-Vodafone K.K not for sale and is looking to grow(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com

Japanese mobile phone operator Vodafone K.K. has said that it will be looking to use its experience in high-speed mobile services to stay ahead of competitors in Japan, and that the company is not for sale.

The announcement came after analysts at Credit Suisse First Boston and Eurotechnology-Japan both said that there was speculation in the market that Vodafone might sell its Japanese unit, after its sales fell by 14% in nine months. The president of Vodafone K.K. said that he had met with Vodafone's CEO Arun Sarin, who had told him that the company is committed to being in Japan.

Most RecentTechnology Articles

Vodafone K.K. said that it plans to boost coverage and sell more advanced handsets to stop customers from moving to rival telecomms companies DoCoMo and KDDI. The company lost a net 58,700 users in January 2005, compared with a 184,400 net gain in subscribers at DoCoMo and 165,200 new customers at KDDI, reports Bloomberg.

((Comments on this story may be sent to tww.feedback@m2.com))

COPYRIGHT 2005 M2 Communications Ltd.
COPYRIGHT 2005 Gale Group
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:
  1. You are currently: a Guest |
  4.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
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

advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here

Content provided in partnership with Thompson Gale