In this regular update, RCR Wireless News highlights the top news and developments impacting the booming AI infrastructure sector SoftBank and OpenAI to develop AI agents in Japan SoftBank plans …
Mitsui
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< class="penci-entry-title entry-title grid-title penci_grid_title">AI infra brief: From OpenAI, Chevron, Iron Mountain and more >
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< class="penci-entry-title entry-title grid-title penci_grid_title">Cisco joins with Misui, KDDI to deploy private 5G at Industry 4.0 test lab in Japan >
The Japanese arm of Cisco has joined with Mitsui Information and KDDI Engineering, parts of trading group Mitsui Group and telecoms operator KDDI respectively, to deploy a private 5G network …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Sony, Mitsui test DSA tech for local 5G networks in Japan >
Sony and Mitsui have jointly started system feasibility testing of the DSA technology for wide-area deployment of local 5G network on urban expressways Japanese companies Sony Group Corporation and Mitsui …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Sony and Mitsui operate dynamic spectrum access in 5G SA >
Sony and Mitsui aim to ‘implement an effective spectrum utilization model and establish cutting-edge business and technology platforms’ Last week, Sony Group and Mitsui announced the operation of Sony’s Dynamic …
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< class="penci-entry-title entry-title grid-title penci_grid_title">DoCoMo, KT announce NFC venture >by Sandra Cuyaby Sandra Cuya
The nascent near field communication space received a much needed jolt today as Japanese telecom giant NTT DoCoMo Inc. (DCM) announced an agreement with Korean operator KT Corp. (KT) to …
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< class="penci-entry-title entry-title grid-title penci_grid_title">DoCoMo, KT announce NFC venture >by Dan Meyerby Dan Meyer
The nascent near field communication space received a much needed jolt today as Japanese telecom giant NTT DoCoMo Inc. (DCM) announced an agreement with Korean operator KT Corp. (KT) to …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Buongiorno turns to China with eDongAsia purchase >by jscarboby jscarbo
Buongiorno S.p.A., one of the leading multinational conglomerates in the mobile content market, announced it entered the Chinese market by way of its acquisition of eDongAsia. The acquisition occurred through …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Mitsui invests in Boingo, Brightstar >
SANTA MONICA, Calif.-Boingo Wireless Inc., a wholesale network aggregator and operator of Wi-Fi networks, raised $65 million in Series C funding from new and existing investors. Boingo said the funds …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Brightstar snares $50 million investment from Mitsui >
MIAMI—Mobile-phone distributor Brightstar Corp. received a $50 million investment from partner Mitsui & Co. Ltd. Brightstar said it plans to use the cash to expand its new operations in Southeast …
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< class="penci-entry-title entry-title grid-title penci_grid_title">FunMail acquires LBS developer Zapptrio >
PLEASANTON, Calif.—Wireless entertainment company FunMail Inc. announced the acquisition of Zapptrio Inc., a developer of location-based applications for mobile phones. Terms of the deal were not disclosed. Zapptrio, which had …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Motorola enters thorny m-commerce market >
ARLINGTON HEIGHTS, Ill.-Motorola Inc. is hoping to kick-start the lagging mobile-commerce market with a system that allows users to purchase products, transfer funds or pay bills with their cell phones. …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Motorola enters thorny m-commerce market >
ARLINGTON HEIGHTS, Ill.-Motorola Inc. is hoping to kick-start the lagging mobile-commerce market with a system that allows users to purchase products, transfer funds or pay bills with their cell phones. …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Phones used as payment devices in Japan >
TOKYO-Japanese credit card companies and carriers are working together to allow consumers to use their phones as payment devices. Operators KDDI and Vodafone Group’s Japan unit have teamed with JCB …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Finance Briefs >
American Tower Corp. announced a call for redemption of $75 million principal amount of its 9.375-percent senior notes due 2009. The redemption date is set for July 21. The notes …
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< class="penci-entry-title entry-title grid-title penci_grid_title">HelloSoft gains $16M in new funding >
SAN JOSE, Calif.-Signal processing technology and software-defined radio solutions supplier HelloSoft said it closed on an oversubscribed $16 million series B financing round led by TD Capital Ventures and new …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Wireless content consolidation continues with 3 acquisitions >
The day was marked by several mergers around the world in the mobile content space, an area that seems to be consolidating at an even faster clip than other areas …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Mesh picks up momentum >
With alliances and product rollouts, mesh technology is picking up enough momentum to graduate it from infancy status. Variously described as dynamic and ad hoc, the technology comes across as …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Kineto snares another $35M in VC funding >
MILPITAS, Calif.-Kineto Wireless, supplier of mobile over wireless local area network solutions, closed its $35 million Series C round of financing, bringing total investments in the company to more than …
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< class="penci-entry-title entry-title grid-title penci_grid_title">DoCoMo sells AOL stakes >
TOKYO-NTT DoCoMo Inc. has sold all its shares in Japanese Internet service provider DoCoMo AOL Inc. to America Online Inc., scaling back its ambitions to combine its mobile services with …
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< class="penci-entry-title entry-title grid-title penci_grid_title">BeamReach completes third-round financing >
SUNNYVALE, Calif.-Broadband wireless access solutions company BeamReach Networks announced it has completed a $15 million third round of equity financing. “We are using our new capital to move to volume …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Bandai to supply content to E-Plus >
TOKYO-Japanese content developer Bandai said it launched Charappal, its first content service for the European mobile market. The service will be available as an official i-mode content service offered by …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Mitsui to expand mobile content business >
TOKYO-Mitsui & Company plans to expand its mobile content distribution business in Europe and Asia through a partnership with a Tokyo-based venture business. Mitsui, a leading trading firm in Japan, …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Wireless data companies receive financing >
SEATTLE-Although the economy continues to struggle along, funding seems to be persisting as two wireless data companies announced new financing. First, NetMotion Wireless Inc. said it closed its Series B …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Japanese carriers turn focus to location services to increase revenues >
TOKYO—Japanese mobile carriers are emphasizing location services to combat increasing competition within the market. The mobile-phone market in Japan has been expanding rapidly during the past several years. However, the …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Telefónica to offer Mitsui content >
MADRID, Spain—Spanish mobile operator Telef