More DoCoMo news . . .
Two nice size articles regarding potential purchases. The concept and technology of allowing users one "global" phone/connection will no doubt become popular.
DoCoMo seeks 10% of Korea's SK Telecom
By Bloomberg, CNET News.com
Monday, May 29 2000
SEOUL--NTT DoCoMo Inc, Japan's largest mobile phone company, is in talks to buy as much as 10 percent of SK Telecom Co to gain access to Korea's 26 million cellular subscribers and extend operations in Asia, people familiar with Korea's No 1 cellular phone provider said.
Based on SK Telecom's close yesterday of 345,000 won, NTT DoCoMo would have to pay at least US$2.7 billion for the stake. SK Telecom, majority owned by SK Corp, Korea's largest refinery, has 89 million shares outstanding. DoCoMo and SK Telecom declined to comment.
More copy via link:
singapore.cnet.com
_____________________________________________
NTT DoCoMo in talks to buy 20% of VoiceStream
By Bloomberg, CNET News.com
Tuesday, May 30 2000
TOKYO--NTT DoCoMo Inc, Japan's largest mobile-telephone company, is in final talks to buy a 15 percent to 20 percent stake in US cellular-phone company VoiceStream Wireless Corp for as much as 500 billion yen (US$468 billion), the Nihon Keizai newspaper reported.
The unit of Nippon Telegraph & Telephone Corp will underwrite a private issue of shares and also may send directors to VoiceStream Wireless, the paper said. The companies plan to integrate their services to offer handsets with Internet capabilities to customers in the US and Japan.
NTT DoCoMo is expanding outside of Japan as it prepares to introduce technology next year that will let users make phone calls from the same handset anywhere in the world. NTT DoCoMo also is in talks to buy as much as 10 percent of SK Telecom to gain access to Korea's 26 million cellular subscribers, and bought a 15 stake in KPN Mobile, a unit of top Dutch phone company Royal KPN, earlier this month.
Again, more copy at the link . .
singapore.cnet.com |
