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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 177.78-2.2%Jan 9 9:30 AM EST

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To: slacker711 who wrote (48564)11/8/2005 9:23:33 PM
From: slacker711  Read Replies (1) of 197157
 
The Japanese market is about to get even more competitive....

japantoday.com

Softbank, eAccess, IP to enter cell phone business

Wednesday, November 9, 2005 at 05:00 JST
TOKYO — The government is set to allow Softbank Corp, eAccess Ltd and IP Mobile Inc to launch cell phone businesses possibly in 2006 and to become the first new entrants into the business in 12 years, sources close to the matter said Tuesday.

The decision will lead to fierce competition between the newcomers and existing mobile phone providers such as NTT DoCoMo Inc and KDDI Corp. The three firms applied to the Ministry of Internal Affairs and Communications for licenses as cell phone operators and the ministry has decided to grant permission to all of them, the sources said.

© 2005 Kyodo News. All rights reserved. No reproduction or republication without written permission.
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