KDDI could buy smaller stake in J:Com - report

Monday 8 February 2010 | 03:12 CET | News
Japanese communications firm KDDI could amend its plans to buy a stake in cabler Jupiter Telecommunications (J:Com). The company is now in talks to acquire a smaller stake - less than one-third - than the initially planned 38 percent stake, The Yomiuri Shimbun reports. The planned acquisition is already being investigated by Japan's financial services watchdog. In January, KDDI announced it planned to buy a 38 percent stake in J:Com for USD 4 billion from Liberty Global.

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Categories: Fixed
Companies: J:Com / Jupiter Telecommunications / KDDI / Liberty Global
Countries: Japan
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