• Bloomberg


Mobile phone operator KDDI Corp. said Monday it will slash as much as ¥24,000 a year from subscription fees to win over customers from NTT DoCoMo Inc. and Softbank Corp.

Users aged over 50 years who are switching from a rival provider or signing up with KDDI for the first time and paying by installment will get the biggest savings, the carrier said. Any customer who pays for a new handset by installment will save as much as ¥9,000 a year, KDDI said.

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