Toyota Motors, Fujitsu and Toshiba have announced they will form a joint venture to offer nationwide digital satellite broadcasts and information services to Japanese users on the go.
The venture, to be formed next month and tentatively called Nihon Mobile Broadcasting, will begin service by 2001 and will offer music, video and other services to mobile users including those traveling in automobiles, officials said.
The service will broadcast at 2.6GHz, or the S-band frequency, and will enable users to receive broadcasts via very compact antennas, officials said.
The new venture will be capitalized at 500 million yen (US$3.85 million) which will rise to about 40 billion yen by 2002, the officials said. Other investors include Kenwood Corp. and Alpine Electronics Inc. Nippon Television Network Corp. is expected to also invest as well as other companies, the officials added.