TechJapan

Vodafone may sell Vodafone KK to SoftBank

Business / Vodafone
Posted by zmcnulty on Mar 06, 2006 - 08:10 AM

There is news today that Vodafone is currently in negotiations with SoftBank for a potential sale of Vodafone Japan.

Both Vodafone [1]and SoftBank [2] have confirmed the negotiations are indeed taking place, but both say that there haven't been any final decisions made yet.

According to Keitai Watch [3], the sale price will be over 1 trillion yen, or $8.58 billion US dollars.

SoftBank

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Links in this article
  [1] http://www.vodafone.com/article_with_thumbnail/0,3038,OPCO%253D40000%2526CATEGORY_ID%253D210%2526MT_ID%253Dpr%2526LANGUAGE_ID%253D0%2526CONTENT_ID%253D277138,00.html
  [2] http://www.softbank.co.jp/news/release/2006/060304_0001.html
  [3] http://internet.watch.impress.co.jp/cda/news/2006/03/06/11115.html