InfoAnda - Japan mobile company Willcom files for bankruptcy

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Syria stonewalls on site IAEA wants to see: sources | | 15 February 2011
Phil Spector gets 19 years to life for murder | Entertainment | | 30 May 2009
Despite sour economy, Miami music conference a hit | 29 March 2009

Captain Underpants' creator returns with more poopypants | 11 August 2010

Forum Views () Forum Replies ()

Read more with google mobile : Japan mobile company Willcom files for bankruptcy

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Japan mobile company Willcom files for bankruptcy By TOMOKO A. HOSAKA,Associated Press Writer - Friday, February 19 Send IM Story Print TOKYO – Willcom Inc., a Japanese mobile phone company controlled by private equity giant Carlyle Group, filed for bankruptcy protection Thursday. The Tokyo-based carrier's 206 billion yen ($2.2 billion) in liabilities is the biggest ever bankruptcy for a Japanese telecommunications company, according to private research firm Teikoku Databank. Investments in high-speed mobile data communications led to the heavy debt, the company said. Payment negotiations with its two biggest creditors, Mitsubishi UFJ Financial Group and Mizuho Financial Group, came to an impasse. Willcom is Japan's sole provider of the personal handyphone system, or PHS, which first drew customers in the 1990s for its relatively low calling fees. The technology relies on a system of simple antennas and is used mainly in Japan, China and other Asian countries. But the number of users has tumbled in recent years as customers jumped to large competitors like NTT DoCoMo, KDDI and Softbank, which have been cutting calling charges while offering better sound quality and range. Willcom had about 4.3 million subscribers in January, down from a peak of about 4.7 million in July 2007. In contrast, DoCoMo had more than 55 million subscribers in January. The company cited "harsh competition" in the industry in its decision to file for court protection under Japan's Corporate Rehabilitation Law. It will seek restructuring help from the Enterprise Turnaround Initiative Corp. of Japan, the same quasi-governmental body that is assisting Japan Airlines Corp. in a turnaround. Willcom also said it was in talks with Softbank Corp. and investment fund Advantage Partners LLP for support. The Carlyle Group owns 60 percent of Willcom. Kyocera Corp. holds a 30 percent stake, while KDDI Corp. has the remaining 10 percent. Willcom said it will continue providing mobile services for customers during its rehabilitation. In the fiscal year ended March 2009, Willcom's revenue fell 20 percent to 202.5 billion yen on a parent-only basis. It booked a net profit of 5.98 billion yen. Recommend Send IM Story Print Related Articles Philly Fed factory activity index up in Feb Reuters - 55 minutes ago Wall Street holds gains after Philly Fed data Reuters - 56 minutes ago India tribes to fight on after Vedanta suffers setback Reuters - 57 minutes ago US STOCKS SNAPSHOT-Wall St holds gains after Philly Fed data Reuters - 58 minutes ago Jobs, prices data flag hurdles for economy Reuters - 1 hour 12 minutes ago News Search Top Stories Retail giant Wal-Mart sees quarterly profits up 22% US new jobless claims post surprise jump Daimler posts loss for 2009, upbeat for this year Societe Generale to pay traders 250m euros Dozens of primate species on the brink: study More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended DNA reveals some mystery on King Tut, raises questions Scientists recreate Big Bang heat of 4 tln degrees C Astronomers find oldest stars outside Milky Way US probe launched into Toyota Corolla problems Lady Gaga scoops 3 awards at the Brits More Most Viewed » Third-hand smoke also bad for you: study DNA reveals some mystery on King Tut, raises questions Pitt, Jolie sue British paper over split claims Fury heats up after new AIG bonuses Sugary soft drinks linked to pancreatic cancer: study More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Thursday, 18 February 2010
Kosovo independence anniversary highlights EU split
Britain to investigate link in Hamas man killing
Google CEO woos suspicious mobile industry
Lufthansa pilots vote for crippling strikes
Sarkozy visits Haiti, unveils major aid package |
Zimbabwe sanctions 'must go': Mugabe
Record aid to poor nations 'falls short of pledges'
Syria's Assad holds security talks with U.S. official
US-TECH Summary
Scientists recreate Big Bang heat of 4 tln degrees C
Iran leader accuses U.S. of "war-mongering"
Jillian Michaels Sued For Third Time For Diet Pills Endorsement
New York Times reporter accused of plagiarism resigns: NYT
Group claims responsibility for giant Latvian tax hack
Shake-up at Venezuela TV station worries Chavez foes |
Google digital book project gets day in court
Networks desperately seek data capacity
Israel says no proof it carried out Dubai killing |
Air France crash search to continue in mid-March |
Industry explores new roads with free maps
Twitter dating for tech-savvy singles
U.N. calls on Sudan to probe attack on peacekeepers |
Corruption is surging in Italy, says state auditor |
Spate of Christian killings before Iraq March vote |
Pakistan confirms arrest of Afghan Taliban's No. 2
For Apple suppliers, loose lips can sink contracts |
U.S. trade body to probe RIM, Apple smartphones |
US won't talk to Taliban until it cuts Qaida ties
Dalai Lama heads for White House as China fumes
Iran supreme leader lashes out at Clinton 'lies'
Aspirin Found To Aid In Breast Cancer Treatment
Networks desperately seek data capacity |
Study Finds Link Between Pumping Pressure On Right Side Of Heart, Deaths
Taliban town residents skeptical of NATO promises
U.S. Housing Data Firms As Home Starts Exceed Forecasts
Google CEO woos suspicious mobile industry |
UN envoy visits prisoners in northern Myanmar
Humana Inc. Announces Plan To Cut Staff By 1,500 in 2010
Jillian Michaels Sued For Third Time For Diet Pills Endorsement
Roberta Flack To Perform At South Florida Black History Gala
Ceiling Collapse In Massachusetts Base Injures 2
US aircraft carrier in Hong Kong amid China tensions
3 Said Dead In Small Plane Crash In California
Muslim rebels reject Philippine peace offer
A look at NATO combat rules in Afghanistan
New Jersey Man Tells Police He Threw Baby Daughter Off Bridge
Afghan army raises flag on embattled Taliban town
Two-For-One Bullet Ends Women's Mardi Gras Partying
Pakistan confirms Taliban leader's arrest
Indian firm designs armoured car for hotel corridors
Carrefour wins appeal against Indonesia antitrust ruling
China seen flexing financial muscle amid US tensions
Bharti shares rally as boss hits out at Zain bid critics
India pegs growth this year at 7.5%
Pakistan's July-Jan c/a def narrows to $2.487 bln
Toyota considers recall of top-selling Corolla
Moore, Bening team up in lesbian family comedy |
Shroud of Turin to be major tourist draw: officials
Actors Dancy, Whishaw praised playing gay lovers in NY
Alexander McQueen hanged himself in wardrobe
Amsterdam's Van Gogh museum hosts Paul Gauguin exhibit
Actors Dancy, Whishaw praised playing gay lovers in NY |
Peru's off-the-books economy a cushion for crisis: experts
Taiwan to challenge China's 'soft power'
China contender at Mr Gay World event fears hometown return
Alexander McQueen hanged himself in wardrobe |
Can McQueen label survive?
Lesbian-led film wins cheers at Berlin Festival
Noisy children no longer 'verboten' in Berlin
Mossad chief won't quit over Dubai hit
Fireworks in homeland ahead of Dalai Lama's Obama meeting |
New HBO online strategy only benefits subscribers
Dozens of primate species on the brink: study
FBI Nabs Former Defense Contractor For Bribery, Money Laundering
Astronomers find oldest stars outside Milky Way
Mossad chief won't quit over Dubai hit: source |
US probe launched into Toyota Corolla problems
Isabella Rosselini, Edgar Ramirez Among Those Featured In New Sundance Channel Shows
DNA reveals some mystery on King Tut, raises questions
US hails Taliban commander's capture as 'big success'
Global cyberattacks hit firms, governments: report
Country Star Big Kenny Pays Tribute To Late Friend, Haitian Earthquake Victims With New Label
Facebook tightens privacy on third-party programs
Sade Earns #1 Debut On Billboard 200 Albums Chart With "Soldier Of Love"
U.S. agency to probe Kodak claim against RIM, Apple
Israel says no proof it carried out Dubai killing
Beyoncé Video Outfit Sparks Lawsuit From Bikini Designer
Iran says will not give up nuclear work at any price
Hewlett-Packard profit up 25 percent in first quarter
Boeing, Machinists Agree On Layoff Deal
Microsoft weaving social networks into Office 2010
Egypt's King Tut born of incestuous marriage
Powerful quake hits near China-Russia border |
Hewlett Packard Q1 Profit Jumps 25 Percent On Revenue Growth, Cost Reductions
Greece wants support not money from EU: PM |
China's ant tribe poses policy challenge for Beijing |
Study Finds Racial Disparity In Surgical Procedures
Online rights group calls for Google Buzz inquiry
U.N. wants to keep Chad peacekeepers, gov't says no |
Wrongly Imprisoned Man Receives Millions Upon Release
Does Congo mean business with rush of reforms? |
FOMC Minutes Show Some Fed Officials Ready To Sell Assets
Hewlett-Packard profit up 25 percent in first quarter
China activist lawyer's wife seeks his whereabouts
Christmas Day bomber 'in over his head:' passenger
Obama to meet Dalai Lama despite Chinese warning
New HBO online strategy only benefits subscribers |
Anwar trial: Judge refuses to recuse himself
Eight US missionaries leave Haiti for US: witnesses
Whalers, activists clash again in Antarctic waters
Rights groups slam Malaysia caning of Muslim women
Tongan teens appeal against court-ordered flogging
China's Wang retains short-track speed skating 500m title
Eight Americans in Haiti kidnap case leave jail
US open to options in Japan base row: diplomat
Eight US missionaries arrive in Miami after Haiti release
Thailand to extradite Briton to UAE in fraud case
Top US envoy meets Assad as Syria back in from the cold
Faulty landing gear forces plane back to Sydney
Seoul shares decline as autos, financials weigh
Japan central bank keeps interest rate unchanged
Pakistani stocks up after judicial row settled
Toyota suffers new blow with Corolla safety probe
PAKISTAN
Bank of Japan holds low interest rate
NZ consumer confidence off highs in Feb
Seoul shares move in tight range; techs, autos down
NZ aims to align tax rates, boost capital markets
Australian Aboriginal singer Ruby Hunter dies
S.Korea bonds fall on c.bank comment, U.S. lead
Anthony Hopkins shows his talent on canvas |
"Messenger" director eyes Kurt Cobain movie
Rare Sumatran rhino gets pregnant in Indonesia
Anthony Hopkins shows his talent on canvas
Film stars take tragic, musical turns on Paris stage
NBC uses Olympics to lure back lost audience |
Affleck, Damon reuniting at Warner Bros
Ninety-Year-Old British Man Delivers Newspapers And New Guinness Record
Sophie Theallet celebrates femininity, Vera Wang sees black
Messenger director eyes Kurt Cobain movie |
California Capital In "Crappy" Conundrum Over Crows
NBC uses Olympics to lure back lost audience
TV pitchman Trudeau gets 30-day jail sentence
TV pitchman Trudeau gets 30-day jail sentence |
Designer McQueen hanged himself in wardrobe
Affleck, Damon reuniting at Warner Bros |
Dubai near certain Mossad behind Hamas killing: report |
Europeans press Israel on Hamas assassination row
Daimler posts loss for 2009, upbeat for this year
Virus has breached 75,000 computers: study
Dubai near certain Mossad behind Hamas killing
Societe Generale to pay traders 250m euros
Florida Golf Course Tightens Security For Tiger Woods Press Conference
Suicide bomber kills 10 near Iraq govt offices
Taliban using 'human shields' in Afghan assault
Atari beams up with new Star Trek online game
Holbrooke in Pakistan after Taliban arrests |
Sade Earns #1 Debut On Billboard 200 Albums Chart With "Soldier Of Love"
U.N. aid chief chides agencies on Haiti relief |
Canada's privacy czar slams Google social network
Suicide bomber kills 11 in Iraq's Anbar province
Hamas sources allege Fatah link to Dubai killing |
Iran rejection of rights calls contemptuous-Amnesty
At least 10 dead in Iraq suicide car bomb: hospital
Suicide bomber kills 11 in Iraq's Anbar province |
Gunfire erupts in Niger capital in apparent coup bid |
UK urges Israel to cooperate in fake passport probe |
Marines still looking over shoulder for Taliban |
Yemen rebels hand over two Saudi soldiers |
Amazon launches free Kindle app for Blackberry |
Florida Golf Course Tightens Security For Tiger Woods Press Conference
Microsoft/Yahoo search partnership cleared by EU |
Cyber Attack Drill Finds U.S. Unprepared For Doomsday Scenarios
Two Burger King Employees Fired, Arrested After Painkiller Found In Sandwich
Virus has breached 75,000 computers: study |
Virginia Removes Protections For Gay State Workers
Atari beams up with new Star Trek online game |
Courtney Love's Band Hole To Release "Nobody's Daughter" In April
Army Base Temporarily Closed After Live Ammo Found In Soldier's Vehicle
Pakistan: Al-Qaida-linked militants arrested
Bomb kills 29 in Pakistan as US envoy visits
China Drops Holdings Of U.S. Treasury Notes: What Is It Trying To Say?
Missionaries Back In U.S. After Release From Haitian Jail
UN envoy meets freed Suu Kyi aide in Myanmar
Air Travelers To Visibly See More Technology At Airports Says TSA
Update: Palo Alto Plane Crash Kills Tesla Workers; Causes Widespread Power Outage
Truck hits Thai princess' convoy in Bangladesh
New attempt to extradite Russian arms suspect Bout
Official: Bomb blast kills 29 in NW Pakistan
Pakistan avalanche kills 20, 30 buried: police
Bank of Japan firm in face of political pressure
Bomb kills 10 near Pakistan militant base
Sony to close Alabama recording media plant
Japan mobile company Willcom files for bankruptcy
Taiwan laptop maker warns of China labor shortages
Cautious profit taking sends Asian shares lower
Pakistan's forex reserves ease to $14.32 bln
Air India wins $174m bail-out
Beijing's Treasury holdings fall as it diversifies
N.Korea eases curbs on markets nationwide: group
US-ENTERTAINMENT Summary
J.K. Rowling calls Potter plagiarism case absurd |
Bosnian film ponders strict Islam's place in West
Indonesian envoys skip meetings over poor English
McQueen's label will go on, says luxury group PPR
Bosnian film ponders strict Islam's place in West |
Israelis race to the slopes for 48-hour ski season
The martial arts grannies of Kenya's Korogocho slum
Vancouver's Asians say: 'Go Canada, Go'
Veterinary Charity Suggests Lenten Practice For One-Third Of Dogs In Britain With Weight Problems
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01