eAccess, USEN to form strategic alliance, paper says

30 Jan 2008

Japanese ADSL broadband service provider eAccess is to form a capital and business alliance with USEN Corp, a fibre-optic communications provider in the country, writes the NikkeiDaily without citing sources. The pair hope the tie-up will enable them to compete more effectively with Japan’s leading broadband operator NTT. Under the proposed deal, eAccess would advise customers wishing to switch away from ADSL to fibre-optic services to use USEN, the fourth largest player in that segment, with a market share of 6.1%. If completed, eAccess would become USEN’s third biggest shareholder, behind the investment fund Unison Capital and broadcast group USEN, both of which hold close to 40% of USEN Corp’s shares.

Japan, USEN Corp