Japan’s third largest cellular operator by subscribers, Softbank Mobile, has made a move to acquire smaller rival eAccess in an all-stock deal which values eAccess at around JPY180 billion (USD2.3 billion). If it does complete, as expected, in February 2013, the acquisition would enable Softbank to close in on the current second-placed operator, KDDI. The combined Softbank/eAccess claimed around 33.8 million customers at the end of June, while KDDI had 35.7 million, but Softbank has been garnering more net new users than KDDI in recent quarters so the battle for second spot in the market would be very close
Taken from:
OVETEL Consolidation in Japan as Softbank moves for eAccess
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