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Telecommunication

Japan's 3 mobile carriers to cut rates as Suga dials up pressure

Prime minister's initiative gains momentum with all falling in line

SoftBank phones at a shop in Tokyo. (Photo by Masayuki Terasawa)

TOKYO -- SoftBank will consider lowering its wireless rates, the company told Nikkei on Wednesday, joining Japan's two other major mobile carriers in hewing to Prime Minister Yoshihide Suga's call to slash fees.

Suga has been a vocal advocate for lower mobile rates, saying they could be as much as 40% cheaper when he was chief cabinet secretary in 2018. But rates have remained high compared to those of other countries.

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