View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
June 7, 1988

NETWORK INFORMATION SERVICES TREBLED ITS PAID-UP CAPITAL

By CBR Staff Writer

Network Information Services, owned 25% by McDonnell-Douglas Corp, 30% by Marubeni Corp, trebled its paid-up capital to $19.6m on May 30, to enable it to expand its international and Japanese domestic value-added network services: the company plans to use the capital to expand its operations to Europe and US, having been the first to start value-added services between Japan and the US when the international networks market was liberalised in December last year; the number of its users increased in leaps and bounds to 100 companies by February this year, and again to 200 users now; as part of its expansion, Network Information Services will greatly increase the number of international leased lines it leases from Kokusai Denshin Denwa, taking two more 14.4Kbps lines, which it plans to use for international value added networking and remote computing services.

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU