Thursday, October 11, 2012

Nikkei: MIC reconsidering Softbank's platinum band allocation


The Nikkei is reporting that the MIC will reconsider whether the spectrum allocations of a newly-merged Softbank Mobile and eAccess are appropriate. Perhaps this is amakudari alive and well, and a few bureaucrats are guaranteeing themselves post-retirement positions at Docomo or KDDI? Come on, Emobile has a more unfair allocation than SBM. Put the two together, and they still don't beat KDDI in size.

Reading though some comments collected from 2ch, there is question as to whether the Nikkei is up to something, as apparently, the MIC had previously indicated there would be no issues. Indeed, this story was dropped by the Nikkei prior to the close of the stock markets, and we've already seen a huge drop in SBM share price today, prior to this story.

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