Japan's KDDI to gobble up JCN.Looks like Japanese Japanese (jăp'ənēz`), language of uncertain origin that is spoken by more than 125 million people, most of whom live in Japan. There are also many speakers of Japanese in the Ryukyu Islands, Korea, Taiwan, parts of the United States, and information and communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. KDDI is looking to turn Japan Cablenet Ltd. (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) ) into a subsidiary. JCN is Japan's second-largest cable TV company, providing TV broadcasts as well as Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the and IP phone services. KDDI purchased 47 percent of JCN for 33 billion yen (U.S.$276 million) in March 26, but the company is now looking to purchase an additional 28 percent stake from Fujitsu Ltd. The purchase is estimated at 20 billion yen. Once completed, KDDI will have a 75 percent stake in JCN. The remainder will be held by Tokyo Electric Power Co. Assuming the purchase goes through, analysts expect KDDI to step up the fiber-optic rollout and offer video-on-demand services to customers. In January, KDDI absorbed utility company Tokyo Electric's fiber-optic communications business. Through these acquisitions, KDDI hopes to capture a 30 percent share of the home fiber-optic market in the greater Tokyo region. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion