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September 1, 1988

K-NET BECOMES A VALUE-ADDED NETWORK SERVICES OPERATIONS COMPANY

By CBR Staff Writer

K-Net, a value-added communications company in which British Telecommunications Plc is a shareholder, has begun a new life as a value-added network services operations company handling communications between Japan and the UK: since its formation last year with the support of the Kansai financial institutions in Osaka, it has been studying the business, with exchanges of personnel between British Telecom and K-Net, and plans to concentrate on packet switching, electronic mail and facsimile mail services; although facsimile mail has not been liberalised yet, it is expected to get the green light this autumn; K-Net president Hajime Miyamoto is expected to be appointed soon as the president of a new Osaka common carrier, Osaka Media Port.

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