Japan Communications Inc. announced that it has agreed with Baicells Technologies Co., Ltd. on the strategic partnership regarding joint business development of unlicensed LTE network which will serve as the foundation for the IoT solutions for the Japanese market. A comprehensive and detailed agreement will be reached by the end of this calendar year. The strategic partnership includes building networks, specific IoT solutions which will be supported by a new revenue sharing business model which will include the two companies as well as other partner companies. Integration of Baicells' innovative global LTE solutions and JCI's platform brings integrated use of unlicensed LTE network and multi mobile carrier networks. Furthermore, integrated secure and reliable telecommunication service can be provided by leveraging JCI's patented security technologies for financial services when high level of security is required. As this new service will bring significant cost reduction in network installation and operations when compared to the traditional mobile carriers, he revenues from this new service will be shared by strategic partners and vendor in a fair and equitable way based on participation. This platform will be initially provided to MVNO operators, enterprise corporations, and small and mid-size businesses for the use of specific applications for their IoT solutions.