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With Southeast Asia in sight, KDDI sets aside $2bn for investment

Philippines and Vietnam cited as potential destinations

KDDI aims to expand its telecom offerings in Southeast Asia and develop new services for Japan.

TOKYO -- Japanese telecom carrier KDDI is ready to spend 200 billion yen ($1.82 billion) on investments including overseas operations and acquisitions during the current fiscal year, viewing Southeast Asia as an especially promising market.

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