KDDI to limit J:Com stake to 31%

Friday 12 February 2010 | 10:11 CET | News
Japanese operator KDDI has decided to acquire just 31.1 percent in cable operator J:Com in order to avoid a requirement for a public offer for the company. KDDI agreed to buy the stake from Liberty Global but drew scrutiny from the financial regulator when it first considered buying more a third of J:Com. Under their new agreement, Liberty will place 6.7 percent of its voting rights in J:Com with an outside trust before the transaction between Liberty and KDDI takes place on 19 February. Under the arrangement, KDDI will buy the entire ownership interest in Liberty Global Japan, Liberty Japan,

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.


Already registered?

Categories: Fixed
Companies: J:Com / KDDI / Liberty Global
Countries: Japan
::: add a comment

Add comment

Please login or register to leave a 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.


Liberty Global completes J:Com sale to KDDI

Published 19 Feb 2010 09:19 CET | Japan
Liberty Global has completed the sale of its interest in Japanese cabler Jupiter Telecommunications (J:Com) to Japanese ...

Sumitomo aims to become majority shareholder in J:Com

Published 15 Feb 2010 23:08 CET | Japan
Sumitomo, a major shareholder in Japanese cabler Jupiter Telecommunications (J:Com), has launched a tender offer for J:Com shares ...

KDDI may place part of J:Com stake with trust - report

Published 10 Feb 2010 14:10 CET | Japan
Japanese operator KDDI is planning to place part of the 37.8 percent stake in cable operator J:Com it's buying from Liberty ...

KDDI could buy smaller stake in J:Com - report

Published 08 Feb 2010 03:12 CET | Japan
Japanese communications firm KDDI could amend its plans to buy a stake in cabler Jupiter Telecommunications (J:Com). The company ...

Regulator looks at KDDI's bid for J:Com stake - report

Published 03 Feb 2010 01:41 CET | Japan
Japan's financial services watchdog is investigating KDDI's USD 4 billion bid for a 38 percent stake in cabler Jupiter ...

Liberty Global proves an active portfolio manager

Published 25 Jan 2010 17:10 CET | World
Liberty Global is selling its stake in Japanese cable operator J:Com for USD 4 billion to KDDI. The transaction follows the deal ...

KDDI buys 38% stake in J:Com from Liberty Global

Published 25 Jan 2010 08:45 CET | Japan
Liberty Global has agreed to sell its 38 percent stake in Japanese cable operator J:Com to KDDI. Liberty will receive around JPY ...

Calendar   /   Industry Events

25 Jan Ericsson Q4 2021
25 Jan Verizon Q4 2021
25 Jan Microsoft fiscal Q2
25 Jan F5 fiscal Q1
25 Jan Uniti Group Q4
25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Crown Castle Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan MTN Nigeria Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Elisa Q4 2021
27 Jan Comcast Q4 2021
27 Jan Samsung Electronics Q4 2021
27 Jan Apple fiscal Q1
27 Jan FCC meeting
28 Jan SK Hynix Q4
28 Jan Telia Lithuania Q4 2021
28 Jan Telia Company Q4 2021
28 Jan Charter Communications Q4
::: More Calendar Items