ACCA Wireless Applies for 2.5GHz Broadband Wireless Access License
TOKYO, JAPAN, October 11, 2007 — ACCA Wireless Co., Ltd. today submitted to the Ministry of Internal Affairs and Communications its application for a license to establish 2.5 GHz base stations and provide broadband wireless services based on mobile WiMAX technology.
ACCA Wireless also announced that a number of companies have agreed to join the firm to support its business. On August 31, NTT DoCoMo agreed with ACCA Wireless and its principal owner ACCA Networks Co., Ltd. to take an equity stake in the firm and support network construction and related technologies.
ACCA Wireless expects to increase its capitalization to 30 billion yen by the time a decision is made on the license application, with the goal of raising capitalization to 72 billion yen in the future. The company is actively seeking the participation of additional investors and business partners.
ACCA Wireless, ACCA Networks and DoCoMo, along with their new partners, look forward to building open, cooperative relationships that leverage on each company’s strengths to provide services based on globally standardized technologies and, ultimately, help revitalize the Japanese telecommunications industry and enhance mobile experiences in Japan.
The following companies have agreed to join ACCA Wireless once the WiMAX license has been granted.