* Strengthening the
Background
Since KDDI's founding in
Details of the
The companies are also accelerating new initiatives that go beyond the borders of their core business of mobility and telecommunications in anticipation of the coming future society in which towns, homes, people and cars are all connected.
The companies will continue working to develop services that enrich people's lives to solve social issues mainly through the use of big data and to promote R&D in the areas of telecommunications and connected car technologies.
Specifically, the companies will continue promoting the following initiatives;
The Two Companies' Initiatives Going Forward
Jointly conducting R&D focused on telecommunication platforms that enable optimal communications between towns, homes, people and cars as communication technologies evolve, including 4G, 5G, and 6G
Jointly developing an operations and management system for next-generation connected cars to enable sophisticated operations by integrated management of devices, networks, platforms, and services
Jointly developing services and service platforms that aim to enrich people's lives and ensure their safety and security not only inside or outside of vehicles but also in every scenes
Jointly working to address social issues arising between urban and rural areas and regional communities using big data about towns, homes, people, cars, and more
Details of the
Against the backdrop of the aforementioned business alliance, both companies reached the conclusion that it will be necessary to further strengthen their capital ties to promote their strategic alliance over the medium and long terms. The companies agreed to the disposal of 18,301,600 shares of KDDI treasury stock*1 (totaling around
.
(C) 2020 M2 COMMUNICATIONS, source