Vodafone to acquire 15% stake in Japan Telecom

Vodafone to acquire 15% stake in Japan Telecom

TOKYO, Japan - Haruo Murakami, president of Japan Telecom Co., meets reporters in Tokyo on Dec. 20 after British Telecom carrier Vodafone Group PLC said it will acquire a 15.01% stake in Japan Telecom. Vodafone will purchase Japan Telecom shares from West Japan Railway Co. (JR West) and Central Japan Railway Co. (JR Tokai) for 249.2 billion yen.

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