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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: waitwatchwander who wrote (33199)	3/6/2003 10:26:18 AM
From: waitwatchwander	Respond to of 196654

KDDI Slashes Fees on Calls from NTT Regular Lines to "au" Cellular [ ... price war in the making ??? ] japancorp.net Tokyo, Japan, Mar. 06, 2003 - (JCN Newswire) - KDDI and Okinawa cellular announced today plans to drastically reduce fees from NTT regular land-based lines to KDDI's "au" cellular phones. The plan, which reduces phone charges by maximum 25% for such phone calls, was submitted to the Minister of Public Management, Home Affairs, Posts and Telecommunications today. The new plan will bring charges from NTT regular lines to au cellular phones in line with charges that originate at au calls and are directed towards regular NTT lines. The rate discounts are expressed in chart form below. 1. Specifics For phone calls originating at NTT regular phone lines and terminating in au cellular lines, a maximum 25% price discount will be offered. This will bring weekday daytime rates in line with connection charges for phone calls from au cellular phones to NTT regular phone lines. Time Day Time Weekday Evenings 8:00am-7:00pm 7:00pm-11:00pm Sat., Sun., Holidays 8:00am-11:00pm Area Entire Country Kanto Region Hokkaido Chubu Region Chugoku Region Origination Within local Other Within local area or to area or to neighboring pref. neighboring pref. Time offered for 20 seconds/ 15 seconds/ 20 seconds/ 20 seconds/ 10 yen charge/ 90 yen 120 yen 90 yen 90 yen Price for 3 minutes Reduction Rate 25.0 % 20.0 % 5.0 % 7.5 % This chart relates to relevant calls originating in NTT regular phone lines and termination in au cellular phones within the specified regions. KDDI and Okinawa Cellular's definitions of areas and neighboring areas are provided in the chart below. Rates for weekday evenings, Saturdays, Sundays, and Holidays in the Chubu, Hokkaido, and Chugoku regions are 10 yen per 20.0 second connection. 2. Commencement Date Monday, April 21, 2003 from 2:00 AM This press release is a translation of the Japanese press release which appears on the KDDI website at kddi.com. *For KDDI and Okinawa Cellular's complete definition of areas and neighboring areas please see the Japanese press release. About KDDI Corporation KDDI Corporation was established in 1984 and is currently the second largest telecommunications company in Japan, providing a comprehensive range of voice, data, IP and mobile services to both business customers and consumers. After merging with KDD and IDO in October, 2000, KDDI serves over 15 million long-distance subscribers, 1.4 million internet subscribers, 13 million mobile subscribers, and 5 million PHS subscribers. KDDI has 34,000 km of highly reliable domestic network infrastructure, in addition to optical submarine cable systems such as TPC-5, Japan-US CN and China-US CN. KDDI also works to develop advanced technology in the areas of radio & mobile, lightwave, multimedia, and Internet communications. The KDDI Group consists of approx 100 companies covering a wide variety of telecommunications-related businesses such as engineering, facility hosting, submarine cable construction, and R&D. For further information, please visit the KDDI Corporation home page at: www.kddi.com/english/index.html Contact: KDDI Corporation Maede Haruhiko ha-maede@kdd.co.jp +81-3-3347-6935 -------------------------------------------------------------------------------- Mar. 06, 2003, 16:35 (JST) Source: KDDI Corporation KDDI Corporation (TSE: 9433) (OTC: KDDIF) www.kddi.com/english/index.html From the Japan Corporate News Network japancorp.net Topic: General Announcement Sectors: Wireless, Telecom Carriers Copyright © 2003 JCN Newswire. All rights reserved. A division of Japan Corporate News Network KK.