Broadband Japan

Microsoft and AT&T are joining forces to provide broadband service in Japan. Jupiter Telecommunications, co-owned by AT&T subsidiary Liberty Media, will merge with Titus Communication, in which Microsoft holds a 60 percent stake, effective September 1. The move is expected to make the merged company a strong contender to Nippon Telegraph and Telephone in Japan's underdevelopment high-speed Internet market. Liberty Media will take a 35 percent share of the merged company, while Microsoft will hold a 24 percent stake.