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5G networks

Japan's carriers plan $14bn spending blitz for nationwide 5G

Four players agree to make rural investments amid fears of industry price war

Japan's mobile operators have set aside $14 billion to invest in 5G networks over five years. (Photo by Ken Kobayashi)

TOKYO -- Japan's government on Wednesday approved plans by four mobile network operators to build superfast fifth-generation wireless networks, with investment set to total 1.6 trillion yen ($14.4 billion) over the next five years.

Applications submitted by NTT Docomo, KDDI, SoftBank and Rakuten were approved by the communications ministry. E-commerce group Rakuten is a newcomer that plans to begin 4G services in October.

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