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Japanese government to submit a revision bill for the telecom law to Diet

TOKYO-The Japanese government is going to submit a revision bill for the current telecom law during the next Diet session, governmental sources said on 28 August.

The government is planning to promote deregulation in the telecom sector by eliminating classification between Type 1 (facility-based) and Type 2 (non facility-based) carriers, and abolishing approval systems for mergers and acquisitions division and business transfer. The government is also planning to introduce a tax break for promoting investment into networks. The telecom ministry is planning to submit the bill into the Diet during the next session to be opened in January 2003.

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