0
General

J:Com, KDDI take stakes in Japan's Shop Channel

Thursday 24 December 2015 | 10:02 CET | News
Jupiter Telecommunications (J:Com) and Japanese mobile operator KDDI have both decided to invest in the Shop Channel of Japan. No financial details were disclosed. J:Com will take 50 percent of shares and KDDI 5 percent. J:Com will acquire all of Bain Capital's shares while KDDI will take its shares from Sumitomo, which presently holds 50 percent. The three companies said they will work together in order to increase the corporate value of Shop Channel and boost customer satisfaction.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: J:Com / Jupiter Telecommunications / KDDI Corporation UK / Sumitomo
Countries: Japan
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.