TOKYO, Aug 20 (Reuters) - Motorola Inc MOT.N and Japan’s NEC Corp (6701.T) have won orders for base stations and other equipment to build Japanese cellphone operator KDDI Corp’s (9433.T) next-generation mobile network, the three firms said on Thursday.
KDDI, Japan’s second-largest mobile phone operator after NTT DoCoMo Inc (9437.T), has said it would spend roughly 500 billion yen ($5.30 billion) on its “Long Term Evolution” technology.
KDDI, which also competes with Softbank Corp (9984.T), plans to build its LTE network in December 2012, two years after DoCoMo launches LTE services.
LTE will enable faster uploads and downloads of movies, music and other data to mobile devices.
Shares of NEC were up 0.3 percent and KDDI was up 1.4 percent, against a 1.6 percent rise in the benchmark Nikkei average .N225. (Reporting by Mayumi Negishi; Editing by Chris Gallagher)