TOKYO, JAPAN, October 11, 2007 --- ACCA Wireless Co., Ltd. today submitted to the Ministry of Internal Affairs and Communications its application for a license to establish 2.5 GHz base stations and provide broadband wireless services based on mobile WiMAX technology.
ACCA Wireless also announced that a number of companies have agreed to join the firm to support its business. On August 31,
ACCA Wireless expects to increase its capitalization to 30 billion yen by the time a decision is made on the license application, with the goal of raising capitalization to 72 billion yen in the future. The company is actively seeking the participation of additional investors and business partners.
ACCA Wireless, ACCA Networks and DoCoMo, along with their new partners, look forward to building open, cooperative relationships that leverage on each company's strengths to provide services based on globally standardized technologies and, ultimately, help revitalize the Japanese telecommunications industry and enhance mobile experiences in Japan.
The following companies have agreed to join ACCA Wireless once the WiMAX license has been granted.
(of planned ¥30 bil. capital)
|ACCA Networks Co., Ltd.||
|TOKYO BROADCASTING SYSTEM, INC.||
|WiMax service-related partners
|MITSUI & CO., LTD.||
|ITEC HANKYU HANSHIN CO., LTD.||
|Keihin Electric Express Railway Co., Ltd.|
|ASAHI Net, Inc||
|NEC BIGLOBE, Ltd.|
|So-net Entertainment Corporation|
|FreeBit Co., Ltd.|
|YRP Business Development Institute, INC.||
|JPMorgan Securities Japan Co., Ltd.||
|Financial institutions & funds
|Ignite Group, Inc.|
- About ACCA Networks
- ACCA Networks Co., Ltd. (Code: 3764 JASDAQ Securities Exchange), provides high-quality broadband network services to both individual customers and corporations. ACCA has established a strong reputation, especially among corporate users, as a high-quality network provider through its 24 hour 365 day guaranteed network and maintenance dispatch team and high security level services utilizing ATM network. ACCA targets to develop and introduce broadband related communication services surpassing customer's expectations and support day-to-day operations. Such services include but are not limited to Business Solution Services, such as "Machine-to-Machine" (M2M), and most recently mobile WiMAX, 2.5GHz broadband wireless access license ACCA has been preparing to acquire for business expansion. Further information on ACCA Networks is available at http://www.acca.ne.jp/english/ir/index.html.
- About NTT DoCoMo
NTT DoCoMois the world's leading mobile communications company. DoCoMo serves about 53 million customers, including 40 million people subscribing to FOMA™, launched as the world's first 3G mobile service based on W-CDMAin 2001. DoCoMo also offers a wide variety of leading-edge mobile multimedia services, including i-mode™, the world's most popular mobile e-mail/Internet service, used by more than 47 million people. With the addition of credit-card and other e-wallet functions, DoCoMo mobile phones have become highly versatile tools for daily life. NTT DoCoMois listed on the Tokyo (9437), London (NDCM) and New York (DCM) stock exchanges. For more information, visit www.docomo.ne.jp/english.