Japan's DDI to merge mobile units
By Emily Bourne, Total Telecom
07 March 2000
Japanese mobile, long distance and international operator DDI is considering the consolidation of seven of its eight regional cellular units, the Wall Street Journal reported on Tuesday.
DDI needs to reorganize its cellular business, currently structured as eight regional units, before its merger with KDD, international operator, and mobile carrier IDO in October.
In a statement, the Tokyo-based carrier said it is considering the combination of its units in Kansai, Kyushu, Chugoku, Tohoku, Hokkaido, Hukwiku and Shikoku. The other unit, Okinawa Cellular Telecom, is publicly traded and so excluded from the deal.
The newspaper said DDI has stakes of between 52% and 66% in the units, which operate CDMA networks. DDI offers nationwide roaming together with IDO.
DDI agreed the purchase of IDO and KDD for Yen 2.7 trillion ($25 billion) in December. |
