Softbank nonetheless remains committed to providing high speed net access, in this case via DSL. A good sign of corporate resolve to make infrastructure a component of future capital investment.
Top Stories From Major Japanese Morning Newspapers, May 20
Tokyo, May 20 (Bloomberg) -- The following stories appeared
in major Japanese morning newspapers:
Softbank to Offer High-Speed Internet Access From Summer
Softbank will this fall start a venture to offer direct
subscriber line Internet service on an unlimited-use basis for 4,000 yen a month, the Nihon Keizai newspaper said without citing sources. The venture, Xstage, will be capitalized at 100 million yen ($926,440). Xstage will be available initially in Tokyo, Osaka and Nagoya, Japan's three largest cities, and will start ahead of Speednet, the wireless Internet service Softbank plans to operate jointly with Tokyo Electric Power Co. and Microsoft Corp. Speednet
has postponed the start of full operations, initially set to start this summer, after tests of the service revealed technical shortcomings, the report said. (Nihon Keizai, p.11) {9984 JP
CN} Microsoft: {MSFT CN}
Tepco: {9501 JP CN} |
