March 10, 2009 FOR IMMEDIATE RELEASE
J:COM OBTAINS CREDIT RATING FROM JCR
Tokyo, Japan -- Jupiter Telecommunications Co., Ltd. (JASDAQ: 4817), the largest multiple system operator (MSO) in Japan based on the number of customers served, has announced today that it has newly obtained the following credit rating from the Japan Credit Rating Agency, Ltd. (hereafter JCR). Please refer to the press release issued by the JCR today, for more detailed information on the current rating (
http://www.jcr.co.jp/english/). 1.
Credit Rating Subject and Rating Obtained
Rating Agency
Subject
Rating
Rating Outlook
JCR
Long-Term Senior Debts
A
Stable
2.
Rating Issued on March 10, 2009
3.
Reason for Seeking the Credit Rating To ensure the ability to raise capital in a timely manner when required and to improve stability by diversifying financing options, as well as to confirm the company’s sound financial position and overall management transparency, through an evaluation of the company’s creditworthiness from an independent third party.
About Jupiter Telecommunications Co.,Ltd. Established in 1995, Jupiter Telecommunications Co., Ltd. is Japan's largest multiple system operator (MSO or J:COM Company) and multiple channel operator (MCO or Jupiter TV Company). J:COM Company provides cable television, high-speed Internet access, telephony and mobile services to customers through 24
consolidated subsidiaries (as of
January 31, 2009) at the local level
serving 3.17 million subscribing households (as of January 31, 2009) in the Sapporo, Sendai, Kanto, Kansai, and Kyushu regions. The number of serviceable households or “homes passed” in J:COM franchise areas is approximately 12.29 million. Jupiter TV Company invests in and operates 16 premium channels which are provided to CATV, satellite and telecom operators. Jupiter Telecommunication’s principal shareholder is LGI/Sumisho Super Media and is a public company, trading on the JASDAQ stock exchange under code No. 4817. For more information (available in English), visit J:COM’s website at
http://www.jcom.co.jp/english.html