InvestorsHub Logo
icon url

demi22

09/12/06 8:45 PM

#18006 RE: PUNKIN611 #18005

DJ JAPAN PRESS:Softbank Plans Cellular Broadband Svcs By 08

--------------------------------------------------------------------------------

Dow Jones Real-Time News for InvestorsSM
7:20 p.m. 09/12/2006



TOKYO (Dow Jones)--Softbank Corp. (9984.TO) plans to launch broadband Internet services on its mobile phones by 2008, the Mainichi Shimbun reports.

The Internet and communications conglomerate aims to provide data transmission at more than ten times the speed of current third-generation cellular handsets, and hopes to increase its market shares by offering multiple digital TV channels.

Softbank plans to use MediaFlo technology developed by U.S. mobile phone chip developer Qualcomm Inc. (QCOM), and offer contents from its Internet portal site unit Yahoo Japan Corp. (4689.TO).