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November 28, 1995

SOFTBANK, UNITECH, JITONG OFFER INTERNET ACCESS IN CHINA

By CBR Staff Writer

Softbank Corp is to launch the first countrywide Internet access service in China with its US affiliate Unitech Telecom Inc and Jitong Communications Co. Jitong will provide infrastructure, including use of a satellite, and handle procedures with the Chinese government, while Unitech will provide systems and software, maintenance and marketing services, while Softbank will provide $10m in financing and handle service relations with network equipment maufacturers and other software developers.

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