Japan’s efforts to hit its elusive inflation target have been hampered by slow wage growth and intensifying global trade frictions but are now also facing headwinds from plans by the country’s biggest mobile phone carrier to cut fees.
Japanese e-commerce firm Rakuten Inc, which is set to launch a new mobile phone service, will partner with rival KDDI Corp in mobile payments and infrastructure, the Nikkei said.
Tata group holding company Tata Sons has written off its entire investment of Rs 28,651.69 crore in loss-making telecom arm Tata Teleservices, according to a regulatory filing.
Japan’s government wants to see greater price competition among the nation’s three dominant mobile phone network providers, before e-commerce firm Rakuten Inc enters the market in October next year with plans for lower smartphone charges.
Japanese regulators said Apple Inc may have breached antitrust rules by forcing mobile service providers to sell its iPhones cheaply and charge higher monthly fees, denying consumers a fair choice.
MediaTek will, in India, continue to focus on the 4G segment, David Ku, the firm's Chief Financial Officer, has said.
Nokia said it signed its first major deal to supply new 5G wireless radio base stations to NTT DoCoMo, which boasts nearly half of the country’s mobile subscribers.
Huawei and NTT DOCOMO completed a successful field trial for 5G mobile communications over long distance with 39 GHz Millimeter Wave (mmWave) band.