ACCA in talks with DoCoMo on WiMAX tie-up

30 Aug 2007

Japanese ADSL provider ACCA Networks is in talks with mobile giant NTT DoCoMo concerning a possible alliance to offer wireless broadband services using WiMAX technology. According to Thomson Financial citing reports in the Nikkei, the two firms will partner up to apply for a licence in the Ministry of Internal Affairs and Communications’ forthcoming auction of wireless spectrum for WiMAX services. ACCA’s decision to seek a partner follows its failure to find sufficient financing to go it alone on the project. The Nikkei says ACCA will hold around 50% of the newly-created business being discussed, with DoCoMo likely to take a roughly 30% equity stake. Tokyo Broadcasting System, Mitsui & Co and East Japan Railway Company could also take part in the venture, the paper added.