The second major amalgamation this year within the Japanese cable TV sector sees four major players - electronics giant Fujitsu, trading house Marubeni Corporation, security company Secom and utility Tokyo Electric Power Company – merging to create the nation’s second largest cable TV operation.
Expected to become operational by the year end, it will reach two million households in the Tokyo region via twenty stations. The quartet will co-operate on the development of digital TV services and broadband networks.
The consolidation mirrors a similar move earlier this year when Jupiter Telecommunications and Titus Communications merged to form Japan's largest cable company.
News source: Advertising Age - International Daily