Search Menu
Photonics Media Photonics Buyers' Guide Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook
More News

Vodafone Moves to Control Japan Telecom

Facebook Twitter LinkedIn Email Comments
TOKYO, Sept. 17, -- Vodafone Group Plc has launched a move to gain control of Japan Telecom Co Ltd. If successful it would put Vodafone, already the top shareholder in Japan's third-largest carrier Japan Telecom, into direct competition with NTT DoCoMo Inc, Japan's top mobile operator and its main challenger on the global stage.

Vodafone said it was discussing with East Japan Railway Co (JR East) the possibility of buying all or part of its 15.1 percent stake. Vodafone said in a statement that discussions "may or may not lead to a public tender offer to acquire up to 21.7 percent of Japan Telecom's shares." With a combined 66.7 percent stake, Vodafone would be able to clinch management control over Japan Telecom and its mobile unit J-Phone Communications Co Ltd.
Sep 2001
CommunicationsNews & Features

back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2020 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.