KDDI Corporation Posts

DoCoMo Lost 66,800 Net Users In September

NTT DoCoMo Logo
DoCoMo is the largest mobile phone carrier in Japan, but they are losing subscribers at a rapid pace.  DoCoMo recently added the Apple iPhone to their line-up, but since they were late to the market, KDDI Corp. and SoftBank was able to gain many more subscribers.  DoCoMo lost 66,800 net users in September while SoftBank added 270,700 and KDDI added 232,700.
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WebEx Founder Subrah Iyar Raises $10 Million For New Startup, Moxtra

Moxtra Logo
Subrah Iyar is one of the most ambitious tech entrepreneurs today.  Iyar founded online video conferencing service WebEx and sold it to Cisco for $3.2 billion back in 2007.  Now he is working on a new startup called Moxtra.
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Hailo Raises $30.6 Million In Series B

Hailo is a service that lets you summon a black cab in London, Boston, Chicago, Dublin, and Toronto.  The company has raised $30.6 million in Series B funding led by Union Square Ventures with participation from Japanese telecommunications company KDDI, Richard Branson (founder/chairman of Virgin Group), Phenomen Ventures, Felicis Ventures, Red Swan Ventures, Wellington Partners, and Atomico Ventures. Hailo has raised a total of about $50 million thus far.
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KDDI and Sumitomo Make A Joint Bid For Jupiter Telecommunications

Japanese companies KDDI Corporation and Sumitomo have made a joint bid of $2.7 billion to acquire Jupiter Telecommunications.  KDDI and Sumitomo own around 70% of Jupiter, which is the largest cable operator in Japan.  They will offer Jupiter shareholders 110,000 yen ($1,378) for each of their shares.  This is 33% above Jupiter’s share price as of Friday when the deal was initially reported.

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Damage From Earthquake Slams Mobile Communications In Japan

The 8.9 magnitude earthquake and tsunami in Japan costed the lives of hundreds of people and had disrupted communications in the Asian country. People are lining up at public phones which takes the priority of networks during and after the earthquake. Cell phones still work, but the service gets jammed quickly. Data works much better than voice on mobile networks. The three largest mobile phone networks said that their services were disrupted across Japan. The three largest mobile phone network companies include NTT DoCoMo, KDDI Corp., and Softbank Corp. The wireless systems said that their reception was either considered to be poor or bad after the earthquake. [ComputerWorld]