05.12.2013 04:07:00

eAccess Ltd -- Moody's: eAccess' Merger with Same SoftBank Group Telecom Operator WILLCOM Has No Impact on eAccess Rating and Outlook

Tokyo, December 05, 2013 -- On December 3, 2013, eAccess Ltd. (Ba1 stable) announced it reached an agreement to merge with WILLCOM, Inc. (not rated) tentatively effective as of April 1, 2014. WILLCOM is a wholly owned wireless telecom operating subsidiary within SoftBank (Ba1 stable) group. eAccess will be the surviving entity after the merger transaction.

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