Protecting Japan's Telecommunications Infrastructure and Contributing to Industry Development

JTOWER has decided to strengthen its management foundation by partnering with DigitalBridge Group, one of the world's leading digital infrastructure investment companies based in the United States.

On August 14, 2024, we announced that DigitalBridge would conduct a tender offer for our company's shares and the tender offer was successfully completed on October 10. After the successful completion of the tender offer, we plan to delist our shares. However, there will be no changes to our current management structure, and we will continue to deliver services consistently and reliably. In addition, we aim to enhance and innovate our services by leveraging DigitalBridge's expertise and global network to better serve our customers, including mobile network operators and all those who utilize our services.

Mobile phone communication has become an essential infrastructure for people's daily lives and economic activities. With the ongoing advancement of new communication technologies, we anticipate that it will play an even more crucial role as a social foundation in the future. On the other hand, in Japan's telecommunications industry, it is anticipated that the burden on telecommunication operators will continue to increase as the coverage areas required for the deployment of communication technologies towards Beyond5G and 6G, as well as disaster response efforts, expand not only on land in rural areas but also into the sky, sea and even space in the future. Moreover, as society faces a declining population, ensuring the stable maintenance and operation of communication infrastructure with limited costs and manpower is seen as a major challenge.

In this business environment, there is an increasing need to streamline the installation of indoor and outdoor networks and the maintenance and operation of communication infrastructure through Infra-Sharing. We consider the presence of Infra-Sharing service provider with sufficient capabilities and technological expertise is essential for the development of the telecommunications industry.

JTOWER will continue to engage in close communication with ministries such as the Ministry of Internal Affairs and Communications, as well as telecommunications operators, including mobile network operators to enhance collaboration. We are committed to protecting Japan's communication infrastructure and contributing to the development of the telecommunications industry.