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KDDI becomes major player in Japanese ISP market with Biglobe buy

Connectivity BusinessbyConnectivity Business
December 8, 2016
in Investments, Space Services, Strategy and Markets
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Japanese telco KDDI has agreed to buy local ISP Biglobe for some Y80bn (US$701.65m) as it seeks to diversify revenue sources to help counteract sluggish smartphone sales. KDDI expects to acquire Biglobe’s entire share capital from the Japan Industrial Partners’ (JIP) No 4 Investment Project at the end of January 2017, making it the second largest ISP […]

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Tags: Asia PacificBiglobeFujitsuJapan Industrial PartnersKDDINiftyNTT ComNTT DoCoMoPremiumSoftBankTF251
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