20 Oct 2012 – Japan’s biggest cable television operator JCOM is eyeing an acquisition of its main domestic rival, Japan Cablenet, which would see it control half of the country’s market, a report said Saturday.
JCOM, also known as Jupiter Telecommunications, had a roughly 39-percent share of the domestic market for cable pay television services in the year to March 2012, while Japan Cablenet held about 11 percent.
The combined firm would be 50-50 owned by trading house Sumitomo and telecom firm KDDI in a bid to challenge Japan’s top telecom operator NTT, the business daily Nikkei said.