Yahoo Japan Acquired e-Access of Telecom Companies

Since last two years from the year 2012, Mr. Manabu Miyasaka had delivered his valuable services as the President and the Chief Executive Officer of Yahoo Japan Corporation. In addition, he played the role of Director in the parent company named as Softbank Corporation. This time, Yahoo Japan, Internet giant operating under the supervision of one of the leading business tycoons as Mr. Miyasaka acquire e-Access of all of its domestic level telecommunication units from the parent company named as Softbank Corporation. For this, both companies have signed a deal at massive value worth 3.2 dollar billion or 324 billion. 

Yahoo Japan is actually a unit of the entire Japanese mobile phone and online service provider as Softbank. Senior officials of the unit expressed that the deal would aim to make sure about consistent growth in the future with the help of outstanding internet services via tablets and Smartphone devices. The company professionals opined that buying of telecom units’ e-Access would give them with many excellent opportunities to deliver optimum levels of telecom and voice solutions to customers. In fact, by the acquisition of about 99.6 percent of telecommunication company, Yahoo Japan and its officers would get the opportunity to integrate mobile and internet business units in an efficient way as possible. 

According to the statement given by President Mr. Manabu Miyasaka, “We will remain true to our two companies' DNA. We will continue to be wild and challenge the status quo. We have scheduled the completion of the deal in early June, when eAccess is set to merge with telecom company Willcom Inc., also a member of Softbank group.” Get a similar type of update from here.