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Technology Stocks : Softbank Group Corp

SFTBY 52.80

+5.5%

3:59 PM EST

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To: Nihon-jin who wrote ()	4/26/2000
From: ghengis2	of 6020

Cross-post from RB re TEPCO/Speednet deal. By: JASREADINGER Reply To: None Tuesday, 25 Apr 2000 at 10:59 PM EDT Post # of 3919 Speednet Deal still on-Crosspost from Motley Fool board from S. Ganesh DJ Newswires April 24, 2000: Japan Tepco To Spend Y50B In Non-Power Businesses This FY Exerpt: <<Much of the diversification investment will go toward a flat-rate, wireless Internet access service to be launched by a joint venture formed last year among Tepco, Softbank Corp. (J.SFT or 9984) and U.S. software giant Microsoft Corp. (MSFT). The new venture, called Speednet Inc., will use wireless technology to link computer users to Tepco's existing 40,000-km-long network of optical-fiber lines and then to the Internet. Tepco will spend Y30 billion to extend the optical lines for the project in the next three years, the official said.>>

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