
Cable & Wireless to quit Japan, sell unit for 12 bil. yen
Kyodo /Thursday September 30, 2:57 AM
Major British telecommunications firm Cable & Wireless PLc has decided to leave the Japanese market and is trying to sell its Japanese unit to either MKS Partners Ltd. or Softbank Corp...
... If Softbank wins, the report said, it will keep Cable & Wireless IDC, the third-largest player in the Japanese cellphone market, because its international phone service and 40,000 business customers will complement Softbank's telecom business.