KDDI Signs Memorandum with Telecom Companies

February 05, 2002 by Jeff Shepard

KDDI Corp. (Tokyo, Japan) has signed a new business-exchange memorandum with regional Chinese telecom companies Beijing Telecom Corp., Shanghai Telecom Corp. and Guangdong Telecom Corp. The memorandum contains details pertaining to a comprehensive exchange relating to operations, technology, marketing and other areas relevant to the telecommunications business, as well as the annual exchange of management staff to discuss important matters of mutual interest.

KDDI aims to offer high-quality communications services to Japanese companies operating in China by forming alliances with the regional companies who own the telephone networks in these three major cities.