INTERVIEW-Japan's KDDI may invest more in WiMax venture

TOKYO, July 3 (Reuters) - KDDI Corp (9433.T), Japan's No.2 wireless operator, could invest more in a new WiMax venture as it hunts for market share in data services, its president said on Friday. The company, which competes with sector leader NTT DoCoMo Inc (9437.T) and No.3 Softbank Corp (9984.T) in a saturated market, hopes demand for high-speed Internet downloads and uploads on the run will help expand its revenue streams over the long term. Japan's first WiMax venture UQ Communications, set up by KDDI and investors such as Intel Corp (INTC.O) and Kyocera Corp (6971.T), began operations earlier... [read full story]                    

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