Japan Telecom Co. announced Thursday that four executives from Vodafone Group PLC of Britain will be members of its board, which is expected to be approved at the shareholders meeting June 28.
Bradley Whitcomb, director at J-Phone West Co. as well as Vodafone America/Asia Inc., will be Japan Telecom’s senior managing director in charge of the mobile solution department, the company said.
The other three are William Keever, president of Vodafone America/Asia Inc., and William Morrow and Jeffrey Clark, both vice presidents at Vodafone’s Asian unit. All will be managing directors at Japan Telecom.
Vodafone on May 2 announced plans to acquire a further stake in the nation’s No. 3 telecom company. When the transaction is completed by late August, Vodafone will be Japan Telecom’s largest shareholder at 45 percent.
Japan Telecom also reported the same day a group pretax profit of 89.48 billion yen and group net profit of 17.55 billion yen on group sales of 1.465 trillion yen for fiscal 2000.
These results included for the first time the firm’s mobile unit, the J-Phone group, which was reorganized last year into three regional operating companies and one holding company.
For this business year, Japan Telecom predicted a pretax profit of 80 billion yen and net profit of 15 billion yen on group sales of 1.6 trillion yen.
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