October 11, 2007 / 5:56 AM / 12 years ago

Softbank-led group plans $2.1 bln WiMAX investment

TOKYO, Oct 11 (Reuters) - A consortium led by Softbank Corp (9984.T) said on Thursday it planned capital investment of around 250 billion yen ($2.1 billion) by 2015 to develop next-generation wireless Internet access if it gets a licence to supply the service.

Softbank is competing with groups led by rival mobile carriers NTT DoCoMo Inc (9437.T) and KDDI Corp (9433.T) and also with handy-phone firm Willcom Inc, for two licenses to supply high-speed WiMAX connections.

Softbank has teamed up with ADSL provider eAccess Ltd 9427.T in its bid.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below