Japan's Government Takes On Mobile Carriers on Prices. Who Wins?
- Big three mobile carriers targeted by government comments
- Ministry panel set to meet today to discuss phone bills
This article is for subscribers only.
Japan’s mobile carriers, three of the country’s biggest companies with a combined market value of more than $250 billion, have come under government scrutiny for high phone bills that have helped bring years of enviable profit margins.
One of the most senior government figures raised the possibility of a push to lower mobile bills in a speech on Tuesday. In unusually direct remarks, Chief Cabinet Secretary Yoshihide Suga said mobile carriers had room to lower bills by 40 percent.