In order to improve our services and meet the needs of our customers, we will aggressively consider sharing technological and operational skills and lay out more specific plans for a roaming services, KDDI said in a press statement.
KDDI adopted Qualcomm’s CDMA technology for its concomitant wireless network whilst China Unicom is formating a 15.15 million capacity CDMA network set to be operational in early 2002.
The deal was accepted by the market as KDDI share rose 8% in early morning trading.
This alliance poses a threat to Japan’s top wireless operator NTT DoCoMo Inc.
KDDI has been able to turn round its fortunes after reaching hitting a two-and-a-half-year low of 363,000 yen on April 10. This was based on a strong mobile based business and the reduction of debt.
