AT&T Sells Japanese Domestic Network Operations
AT & T announced today that it has completed the sale of its Japanese domestic operations outsourcing services Internet Initiative Japan Inc. The company originally announced the transaction in June 2010. As part of the sale, AT & T will transfer approximately 1,600 domestic Japanese business customers and approximately 245 employees supporting customers IIJ.
AT & T is committed to serve multinational corporations (MNCs) with operations in Japan and features a strong portfolio of services including managed global connectivity, hosting, mobile enterprise applications, cloud computing, application management, security, unified communications and telepresence. strong presence of AT & T in Japan includes substantial operations and employees to support the Japanese branch of AT & T Global Network Infrastructure, which includes four global nodes of network services, remote access infrastructure for corporate clients, an Internet Data Center and significant international submarine cable capacity.
“Japan is an important market for AT & T, and are focused on providing world-class level of service to our multinational customers with presence there,” said Bernard Yee, vice president of AT & T Asia Pacific.
AT & T intends to continue selling the national telecommunications services, including IIJ products, serving the multinationals that have operations in Japan. And IIJ intends to purchase global connectivity services to AT & T to support the needs of their clients based in Japan “global communications.
The sale price is approximately ¥ 9,200,000,000, or U.S. approximately $ 109 million, based on the exchange rate on August 31, 2010. AT & T has also exercised an option to purchase share of 15 percent in NTT AT & T Japan.