Japan's three telecom firms to merge next Oct.

Japan's three telecom firms to merge next Oct.

TOKYO, Japan - DDI Corp., IDO Corp. and KDD Corp. announced they have agreed to merge into a single company Oct. 1 next year. DDI is a long-distance carrier belonging to the Kyocera Corp. group, while IDO is a mobile phone operator affiliated with Toyota Motor Corp. KDD is Japan's largest international telecom carrier, in which Toyota is a major shareholder. Posing at a news conference in a Tokyo hotel Dec. 16 are (from L to R) Kyocera President Yasuo Nishiguchi, Kyocera Honorary Chairman Kazuo Inamori, KDD President Tadashi Nishimoto, DDI President Yusai Okuyama, IDO President Satoshi Nakagawa, Toyota Chairman Hiroshi Okuda and Toyota President Fujio Cho.

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