Quantcast
The merger, expected to be announced in Tokyo, could lead to an initial public offering of the combined company, valuing it at about $5 billion.
TAGS: yes

GATES, MALONE IN JAPANESE INTERNET/CABLE MOVE

Merger Could Lead To IPO, Shake-Up In Japanese High-Speed Internet Access Market
Microsoft Chairman bill gates',390,400);">bill gates',390,400);">Bill Gates and U.S. cable kingpin John Malone, who heads AT&T's Liberty Media, are due to announce on Tuesday a merger of their Japanese cable interests, the Financial Times reported Monday (6/26).

The paper, which did not cite any sources online, said the deal would see Jupiter Telecommunications, Japan's largest cable company, merge with Titus Communications.

Liberty Media and Japanese trading company Sumitomo are the principal shareholders in Jupiter Telecommunications, while Microsoft bought a 60% stake in Titus earlier this year.

The merger, expected to be announced in Tokyo, could lead to an initial public offering of the combined company, valuing it at about $5 billion, the FT said.

Analysts said the tie, slated for Sept. 1, would herald a shake-up in Japan's promising but underdeveloped market for high-speed Internet access by prompting more consolidation. That would pose a threat to the earnings of dominant telecommunications carrier Nippon Telegraph and Telephone, since cable operators often have faster and cheaper Internet access.

TAGS: yes
NEAR TRUTHS: SPRING BLOOMS
Here come the big guns. (3/28a)
THE COUNT: COLDPLAY IS HOT, COUNTRY'S COOKIN' IN THE U.K.
The latest tidbits from the bustling live sector (3/28a)
CITY OF HOPE TAPS MARCIANO FOR TOP HONOR
This year's philanthropic model (3/28a)
TRUST IN THE TOP 20
Hip-hop is no longer hibernating. (3/28a)
UMG BROADENS SPOTIFY OFFERINGS
Sir Lucian and Daniel are in harmony. (3/28a)
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)