NTT DoCoMo Confirms AT&T, KG Deals

NTT DoCoMo Inc., Japan's leading cellular phone operator, will take a 16 percent stake in AT&T Wireless Group Inc., a unit of AT&T, in a deal valued at US$9.8 billion, the companies said in a joint statement last week. NTT DoCoMo also announced that it has reached an agreement to acquire a 20 percent stake in Taiwanese mobile phone operator KG Telecommunications Co. Ltd., in a deal valued at US$516 million. Both deals are designed to further NTT DoCoMo's efforts at making WCDMA (Wideband Code Division Multiple Access) a worldwide standard for 3G (third-generation) wireless networks.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

More about AT&TAT&T WirelessDoCoMoKG TelecommunicationsNTT AustraliaWireless Group

Show Comments