China Netcom enters Japan

16 Apr 2007

China Network Communications Group Corp (China Netcom) has opened a Japanese subsidiary which will sell bandwidth on its infrastructure between the two countries to internet providers and telcos. China’s second-largest fixed line telco also plans to offer data communications services to Japanese firms that operate in China. The move makes China Netcom the first major Chinese carrier to enter the Japanese telecommunications market. As a first step the Chinese firm has set up a wholly owned subsidiary in Tokyo with capital of JPY366 million (USD3.1 million), it said in a statement. The unit has already applied to the Ministry of Internal Affairs and Communications for a business licence as a telecoms carrier.

Japan, China Netcom