Japan Communications is reportedly planning to enter into a joint venture agreement with Japanese trading company Marubeni to set up a mobile virtual network operator (MVNO) business in the country. Telecompaper claims the pair intend to set up the joint venture in or around February 2012, by separating off Japan Communications’ data communications division into a new unit which will be 60% owned by Marubeni. The trading company will plough an initial JPY500 million (USD6.4 million) into the project, the Nikkei daily writes, which will provide data-based MVNO services for PC, laptop and tablet users, over NTT DoCoMo’s mobile network
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OVETEL Japan Communications to partner Marubeni in MVNO joint venture
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