SoftBank to Leverage Vodafone Japan Network with Yahoo! Japan Content
Posted on 19-Mar-2006 20:13
Filed under: News
Soon after the SoftBank Corp. agreed to acquire the assets of Vodafone K.K, the Japanese holding company announced plans to become an integrated telecommunications service provider, offering both fixed-line and mobile communications over 26 million service lines.
The new venture will generate an annual revenue of approximately 2.5 trillion yen (US$21 billion) on a consolidated basis.
SoftBank has also announced a business alliance with Yahoo! Japan (of which the SoftBank is a major shareholder) to offers a variety of services through its portal site to a large customer base.
Yahoo! Japan will provide a portal site for mobile terminals offering comprehensive services and content. This will enable a seamless environment between PC and mobile users, through which SoftBank plans to provide new services.