Home > News, Maintenance Information, and Virus Information

News, Maintenance Information, and Virus Information

A Notice From FUSION GOL

2009/06/29

Dear Customers,

Merger Announcement

Fusion Communications Corporation announces the merger of Fusion Network Services Corporation and TTNet Service Company, Incorporated


Fusion Communications Corporation
Fusion Network Services Corporation
TTNet Service Company, Imcorporated


We would like to announce that Fusion Communications Corporation has decided to merge its wholly-owned subsidiaries Fusion Network Services Corporation and TTNet Service Company, Incorporated, effective as of September 1, 2009. This takes the form of an absorption-type merger.


1.Purpose of the Merger
Fusion Communications plans to reinforce the Internet connection services as one of the core businesses of the Fusion Group and to expand its business domain by blending these services with the existing fixed carrier (MYLINE), IP Telephone and mobile operator (Rakuten Mobile) businesses.
The merger will allow us to improve the efficiency of management resources, to create new possibilities for voice, data, content and applications on the IP platform in our services, and to develop and expand our business even further as a communications provider under the Rakuten Group.


2.Outline of merger

◇(surviving company)

(1)Corporate name

：

Fusion Communications Corporation

(2)Capital

：

10,955 million yen

(3)Established

：

March 13, 2000

(4)Representatives

：

Chairman Hiroshi Mikitani,
President Toru Shimada

(5)Business in brief

：

Telecommunications carrier

(6)Major shareholders and
their controlling share

：

Rakuten, Inc. 73.55%
Nissho Electronics Corporation 19.58%

◇(extinct company)

(1)Corporate name

：

Fusion Network Services Corporation

(2)Capital

：

40 million yen

(3)Established

：

June 7, 2001

(4)Representatives

：

President Toru Shimada

(5)Business in brief

：

Telecommunications carrier

(6)Major shareholders and
their controlling share

：

Fusion Communications Corporation 100%

◇(extinct company)

(1)Corporate name

：

TT Net Service Corporation

(2)Capital

：

10 million yen

(3)Established

：

September 16, 1999

(4)Representatives

：

President Yoshinaga Inoue

(5)Business in brief

：

Telecommunications carrier

(6)Major shareholders and
their controlling share

：

Fusion Communications Corporation 100%

3.Operations after merger
Various services currently offered by Fusion Communications and Fusion Network Services will continue to be provided by Fusion Communications, as the surviving company, on and after September 1, 2009 when the merger takes effect. We are determined to improve and enhance our services and expand our business to ensure that we will continue to be supported in the future by more customers than before.