The American group JUPITER TELECOMMUNICATIONS has concluded an agreement with TITUS COMMUNICATIONS, Japanese subsidiary of the US group MICROSOFT, in order to merge their cable TV activities in Japan and create the leading Nippon company in the sector. According to the agreement, whose amount was not revealed, TITIS will become a subsidiary fully controlled by JUPITER. The new entity JUPITER will have a capital of 47 billion yens and will be controlled at 35% by SUMITONO HOLDING, at 35% by...