November 28, 2003

Ministry of Public Management,
Home Affairs,
Posts and Telecommunications



MPHPT approves Cablevision 21's corporate restructuring plan in accordance with the Industrial Revitalization Law



The MPHPT today approved the corporate restructuring plan that had been submitted by Cablevision 21 KK, in accordance with regulations in article 3 of the Law on Special Measures for Industrial Revitalization (Industrial Revitalization Law).

Cablevision 21 will improve its financial standing through an increase in capital and by strengthening its management base. The company is planning to increase the number of its subscribers through the construction of facilities that are suited to the process of digitalization, and along with meeting the needs of the digitalization of broadcasting which will gain momentum in the future, it will introduce new services such as set-top boxes with new functions and interactive broadcast service equipments.



For details refer to the Japanese web site
http://www.soumu.go.jp/s-news/2003/031128_1.html

For further information about this press release, please contact:

International Policy Division, International Affairs Department
Telecommunications Bureau
Ministry of Public Management, Home Affairs,
Posts and Telecommunications
Tel: (03) 5253-5920 Fax: (03) 5253-5924
feedback_e-telecom@soumu.go.jp