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home / articles / TECH - Masayoshi Son-Led SoftBank Other Japanese Telecom Giants Working On Establishing High-Speed Space Telecom Networks In Outer Space | Benzinga


TECH - Masayoshi Son-Led SoftBank Other Japanese Telecom Giants Working On Establishing High-Speed Space Telecom Networks In Outer Space | Benzinga

In a bid to expand their businesses, Japanese telecommunications giants Nippon Telegraph and KDDI Corp. are venturing into space. They plan to build high-speed wireless networks in the stratosphere to link the Earth and the moon.

What Happened: NTT, Japan’s largest telecom carrier, announced on Jun. 3 that it will launch an “airborne base station” on a commercial basis by 2026, reported The Asahi Shimbun.

This initiative is part of the NTT C89 orbital development program, which includes the installation of a high-altitude platform station (HAPS) – an unmanned aircraft equipped with a repeater that can communicate directly with smartphones.

Masayoshi Son-led SoftBank Corp (OTC:SFBQF) (OTC:SFTBF) is also working on the development and commercialization of a HAPS, along with plans to offer a foreign-affiliated satellite-based telecom service in Japan.

NTT Docomo Inc., a ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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