TOKYO-Singapore Telecom and KDD Corp. of Japan formed a partnership under which the two companies agreed to swap shares, forming a joint venture to provide managed end-to-end telecom services for multinational corporations and business customers over a common ATM|backbone.
Tadashi Nishimoto, president of KDD, said the company’s pact with SingTel was part of a larger strategy to form global alliances with many foreign carriers, according to a report in the Financial Times.
In Japan, KDD, along with DDI Corp. and IDO Co. Ltd., reportedly have plans to merge by third-quarter 2000 to jointly provide wireless services.
