Japan Telecom, Japan Telecom IDC to Merge in July

May 12–TOKYO — Japan Telecom Co., a fixed-line telephone operator, and its subsidiary Japan Telecom IDC Inc. will merge on July 1 to streamline operations within the Softbank Corp. group, the two companies said Thursday.

The parent company will be the surviving entity in the deal.

Japan Telecom IDC used to be a unit of Cable & Wireless PLC of Britain and was taken over by Softbank in February.

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