Telefónica has announced a new partnership, formed through its Multinational business division, with SoftBank Telecom in Japan, under which the companies will jointly address multinationals in Japan, working in conjunction with Telefónica's existing offices in Hong Kong, Beijing, Shanghai and Singapore.
The partnership is part of Telefonica's continuing program to extend its global reach, in particular in the Asia Pacific region, and is intended to enable multinationals to leverage the company's global purchasing power and managed services offering in the Japanese market. Through the agreement, Telefonica will act as a gateway and key partner for the delivery of value-added IT services, with the support of SoftBank Telecom, a major established ICT company in Japan.
Working together, the two companies will deliver managed IT, fixed, mobile and unified communications solutions to multinationals both in Japan and across the Telefonica service footprint.
Telefónica is engaged in program to transition into a 'digital telco' to better enable it to address changing market needs. The company has a significant presence in 21 countries and a customer base of more than 316 million accesses worldwide, currently with an established presence in Spain, Europe and Latin America.
Telefonica Global Solutions manages the group's multinational, wholesale and roaming business, delivering fixed, mobile and IT services to multinationals and corporations, as well as services to mobile carriers, ISPs and content providers. The unit offers a portfolio that includes international voice, IP, bandwidth capacity, satellite services, mobility and global solutions across a service reach covering over 170 countries in partnership with 24 telcos in 45 countries.
SoftBank Telecom provides voice and data solutions for businesses, including mobile Internet services, and collaborates with the four other telecom companies in the group to deliver ICT solutions. Specific services for business customers include its cloud computing service, White Cloud, which is designed to enable corporations to optimise their IT investments and assets.
On January 23, 2015, SoftBank announced it is to implement a merger of the four group companies, namely SoftBank Mobile, SoftBank BB (operating under the Yahoo BB! brand), SoftBank Telecom and Ymobile, and currently expects the transaction to become effective in April of this year. The merger is intended to enable the four operations to more effectively utilise each others communications networks, distribution channels and other resources, and thereby better serve their customers.