Japan’s telecom regulator allocates 5G spectrum for telecos

4 Japanese carriers, including NTT Docomo, KDDI and SoftBank Corp, and Rakuten Inc, have been allocated 5G spectrum. They will be investing a total of around $15.29 billion, a conservative figure, spread across 5 years to build their 5G networks. In a significant development that marks the a milestone in the impending launch of high-speed…

U.S. authorities seeking access to Kobe Steel’s falsified data

Japan’s No. 3 steelmaker is likely to face an onslaught of legal action, possibly even class-action lawsuits, over the falsification of data in its products which have affected nearly 500 companies. On Tuesday, Japan’s Kobe Steel Ltd has disclosed that U.S. authorities have requested access to the company’s documents related to tis data cheating scandal.…