All, thought this might be of interest...
3/2/98 WorldCom Is Cleared To Offer Telecom Services In Japan
TOKYO -(Dow Jones)- WorldCom Inc. said Monday it received permission from Japan's Ministry of Posts and Telecommunications to offer domestic and international telecommunications services through its own facilities in Japan. The ministry granted WorldCom (WCOM) a type-one license which will allow the company to build its own fiber-optic network infrastructure supporting domestic and international voice and data services, the Jackson, Miss.-based telecommunications provider said. WorldCom is the first foreign carrier to be awarded a type-one license. The company will be ready to begin domestic and international voice and data services by the end of the year, WorldCom's Asia Pacific president, Steve Liddell, said early last month when the company applied for type-one status. Liddell said at that time that WorldCom would first concentrate on establishing a network in Tokyo, targeting customers in the financial-services industry, and then expand its services to other parts of the country. WorldCom is considering the possibility of cooperating with local companies in its expansion plans, Liddell said, though he didn't give any details. Currently, WorldCom provides a range of international data services in Japan by leasing lines provided by Japanese type-one carriers. BT Network Information Service, a 51%-owned unit of British Telecommunications PLC (BTY), also applied for type-one status in early February. The company's other shareholders include Marubeni Corp. and other Japanese companies. |