Vodafone is negotiating to sell Japanese business to Softbank

The title represents everything. Goodbye, Vodafone.

Details are as follows.

British Vodafone and Japan Business Sale Negotiation Softbank
【01: 09】 【London】 3rd, Dow · Jones reported on the 3rd that the world's largest mobile phone operator Vodafone is negotiating to sell mobile phone business in Japan to Softbank.

http://flash24.kyodo.co.jp/?MID=MYZ&PG=FLASH

The fastest first report as far as the above is known. Below, from the general news.

■ Negotiable for sale to Softbank Vodafone Japan
LONDON (Reuters) - Vodafone KK, the world's largest mobile phone company, announced on Friday that it is pursuing negotiations to sell majority shares of Japanese companies that are engaged in mobile phone business in Japan to SOFTBANK. Softbank announced in the early hours of the 4th of Japan time that "negotiating is a fact, but concrete content has not been decided at all." In the Japanese business of Vodafone, third-generation mobile phones capable of transmitting and receiving data at a high speed were sluggish, and the top two companies of NTT docomo, au (KDDI), were largely flooded by net increase and the number of subscribers. In the fiscal year ending March 2008, sales are down 11.2% from the previous term, and operating profit is down by 14.6%, continuing tough circumstances, market participants have sold the Japanese business and are developing emerging markets such as the Middle East and Africa There were voices saying that investment should be focused on.

■ SOFTBANK acquires negotiations Japanese corporation of Vodafone
SOFTBANK announced yesterday that it is pursuing negotiations to acquire a Japanese corporation handling cellular phone business in Japan from Vodafone KK, the world's largest mobile phone company. Adjusted to buy majority of shares of Japanese corporation. If the acquisition is realized, it will combine both fixed and mobile phone services, and NTT Group, a comprehensive telecommunications company next to KDDI will be born.
British vodafone spends 1. trillion billion yen to acquire Japanese corporation, and it is certain that SOFTBANK's acquisition price will exceed 1 trillion yen. It seems that it will be an acquisition case of the largest company in the past in Japan.
Softbank received a license from the Ministry of Internal Affairs and Communications in November last year and has announced plans to enter the mobile phone business next spring. However, once this acquisition is decided, it will take over Vodafone's frequency band as it is, start service can be significantly advanced, and possibility to start service before the introduction of "number portability (plan) system" planned in November this year is there.

http://www.kyodo.co.jp/?PG=STORY&NGID=main&NWID=LATEST

01: 35 Vodafone acquisition final adjustment = DoCoMo etc against - Softbank

http://www.jiji.com/cgi-bin/content.cgi?genre=eco

03: 03
Sold Vodafone Japan business. British head office negotiates with Softbank. Third generation mobile phone slump. Softbank 'negotiation is a fact'.

http://www.sankei.co.jp/news/sokuhou/sokuhou.html

Below, IT news site.

ITmedia News: Vodafone allows to negotiate the sale of Japanese corporation to SoftBank

Vodafone to sell Japanese corporation to Softbank - Accept negotiations on share transfer - CNET Japan

The history of Vodafone is listed on MYCOM PC WEB.

Vodafone and SoftBank, negotiations for the sale of mobile phone business (MYCOM Journal)

Originally, Vodafone Group acquired J-Phone (J-Phone), which was affiliated with JAPAN TELECOM, together with JAPAN TELECOM for the entry into the mobile phone business to Japan. After that, JAPAN TELECOM was sold to investment company ripplewood, and further by Softbank acquisition, it belongs to the group. Vodafone's own performance and stock price are sluggish recently, according to reports by economic newspaper Wall Street Journal, shares of Verizon Wireless, a major mobile phone carrier whose company is 45% owned by the company, Some shareholders are saying that they are selling to investor Verizon Communications. Although Vodafone has deployed cellular phone service to the world by W-CDMA / GSM system, Verizon Wireless adopts incompatible Cdma 2000 / CDMA system, and synergy effect is not recognized.

Vodafone KK negotiates to sell Japanese corporation to SOFTBANK

Softbank and UK Vodafone, Accept acquisition negotiations for Vodafone KK Japanese: ITpro

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