KDDI and SOFTBANK MOBILE Sign Memorandum of Understanding on NFC* Services with SK Telecom of Korea
Tokyo, July 15, 2010 --- KDDI, SOFTBANK MOBILE and SK Telecom, Korea’s biggest cell phone company (President and CEO: Man-won Jung; hereafter “SK Telecom”), signed a Memorandum of Understanding on Wednesday July 7, 2010. The purpose of the MOU is to explore the potential for mutual use of services such as electronic money transactions and coupons by holding an NFC-capable mobile phone that works both in Japan and Korea over a reader, and the equipment for realizing such services.