Japan opens the door for new wireless carriers

Japan's government today said it will allow up to three new entrants into the country's wireless industry. The government wants to introduce more competition in a market dominated by three carriers -- NTT DoCoMo, KDDI, and Vodafone K.K. Softbank and eAccess are the leading contenders to win spectrum licenses from the government. Japan expects the new carriers to offer service starting in 2007.

For more on Japan's move to allow more carriers:
- go to this article from CBS MarketWatch