Japan to grant mobile licenses to 3 carriers

According to local newspaper reports, for the first time in 12 years the Japanese government may grant mobile phone licenses to three companies. The three carriers--Softbank, eAccess and IP Mobile--will gain licenses as early as next year. The decision must still be approved by Japan's regulatory agency. If approved, analysts expect the already heated competition between incumbent carriers NTT DoCoMo and KDDI to intensify.

For more on Japan's rumored mobile phone license sales:
- read this article from AFX