C and W is said to be planning takeover bid for Japan's IDC

Article Abstract:

Cable and Wireless PLC is seeking to acquire International Digital Communications Inc of Japan, according to sources close to Cable and Wireless. Cable and Wireless is said to be in discussions with IDC's major shareholders, offering about $230 million for their stakes in preparation for a complete takeover of IDC. Cable and Wireless already holds 17.6% of the Japanese telephone carrier. IDC's majority shareholders are Toyota Motor Corp, Itochu Corp, and AirTouch Communications.

Telecommunications, Abstract, Cable & Wireless PLC, International Digital Communications Inc.

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Vodafone spurs cellular race with Japan Telecom stake

Article Abstract:

Vodafone Group PLC has acquired a minority share in Japan Telecom Co. for 249 billion yen ($2.22 billion). Vodafone will acquire 15% of Japan Telecom from West Japan Railway Co. and Central Japan Railway Co.

Radiotelephone communications, Cellular Mobile Radio Services, Cellular and Other Wireless Telecommunications, Wired Telecommunications Carriers, Telephone Communications, Telephone communications, exc. radio, Cellular telephone services industry, Cellular telephone services, Telephone services, Vodafone Group PLC, Japan Telecom Company Ltd., West Japan Railway Co., Central Japan Railway Co.

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