Business

Friday July 10, 2009

DoCoMo eyes more Asia carriers


TOKYO: Japan’s NTT DoCoMo Inc said it is in talks with some Asian mobile carriers for possible capital investment as it aims to seek growth overseas to counter maturing cell-phone market at home.

Ryuji Yamada … ‘Our main target is Asia.’ — Reuters

DoCoMo’s recent overseas investments include a 26% stake in Tata Teleservices, India’s sixth largest mobile operator; a 30% stake in Bangladesh telecoms operator AXIATA (Bangladesh) Ltd; and a 16.5% stake in Malaysian operator U-Mobile.

“Our main target is Asia, and there are some other (promising) countries there. We are in contact (with carriers in those countries,” DoCoMo chief executive Ryuji Yamada told Reuters in an interview yesterday.

Yamada also said he had not given up offering Apple Inc’s iPhone to its subscribers. In Japan, Softbank Corp is the only carrier that offers the popular handsets at the moment. — Reuters


For Another perspective from The Daily Yomiuri, a partner of Asia News Network, click here


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