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Thursday, August 28, 2008
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OKI Spins Out Telecom Business, Targets Global Market

Oki Electric Industry Co. Ltd. has decided to recast its telecommunications business as a separate company, the better to compete globally for IP and next generation network (NGN) carrier and enterprise business. The new unit, to be called OKI Networks Co., Ltd, will sprint to life on Oct. 1, Oki said, with...
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