Japanese ISP Biglobe counts 2 million fixed broadband subscribers and 400,000 mobile customers.
Japanese telecommunications company KDDI is set to acquire rival internet service provider Biglobe from Japan Industrial Partners for $694 million (80 billion Japanese yen). The deal is set to close at the end of January.
Biglobe said it served more than 2 million fixed broadband and 400,000 mobile customers as of Sept. 30. KDDI ended September with around 38.6 million mobile subscribers and more than 9 million broadband customers.
“KDDI and Biglobe will utilize their respective customer bases, business expertise and so forth to expand business through synergies between the two companies, not only in the telecommunications domain, but also in non-telecommunications domains such as settlement services and product sales business,” KDDI said in a release.
According to Japanese press reports, KDDI is also on the verge of acquiring fixed-line broadband provider Nifty from its parent Fujitsu.
Gemalto signs MoU with Huawei to target IoT segment
In other APAC news, Gemalto signed a memorandum of understanding with Huawei to integrate its LinqUs On-Demand Connectivity solution with Huawei’s OceanConnect IoT platform.
Gemalto said the partnership will help accelerate service rollout, reduce integration cost and increase revenue for businesses looking to adopt enterprise or consumer “internet of things” applications, such as those used in smart cities, connected cars and intelligent homes.
