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To: elmatador who wrote (8114)	8/21/2000 3:01:16 PM
From: elmatador	Read Replies (1) \| Respond to of 12823

Rythms NetConnections also plans to be in Japan: We will see some ADSL in Japan very soon. NTT faces Internet access threat By Total Telecom staff 30 June 2000 A new 14-company joint venture threatens NTT's dominant position in the Japanese Internet market, the Fi, a venture between Mitsui, U.S. telecoms company Rythms NetConnections nancial Times reported on Friday. Garnet Communicationsand 12 others, including Cable & Wireless, aims to offer Internet access which will be cheaper and 10 times faster than the NTT service. Mitsui and Rythms will both hold 34.34% of the firm, while C&W and Sumitomo will hold stakes of under 11% each. Smaller shareholders include France Telecom and AOL. Capitalized at US$4.7 million, the company will begin service trials in Tokyo later this year and begin full service at an unspecified later date, with an IPO under consideration, the newspaper said.