In Brief: BT, KDDI form managed services venture

BT Group and KDDI have agreed to form a joint venture to promote global managed services to Japanese multinational companies, they said Monday.

The venture, which will begin operations in August, will employ about 100 people and offer products from both BT, of the U.K., and KDDI, the No. 2 fixed and mobile carrier in Japan.

BT once had a similar arrangement with Japan Telecom, in which it owned a stake, but it largely departed the Japanese market when it sold its shareholding in that company in 2001. The British carrier first entered Japan in 1985.