NTT DOCOMO to Sell Stake in U Mobil
Published September 15th, 2009
NTT DOCOMO, INC. announced today that it will sell its shareholding in U Mobile Sdn. Bhd. (U Mobile), a Malaysian 3G mobile operator, for USD 100 million – the same amount DOCOMO originally invested for the shares.
Under an agreement with major stakeholders, DOCOMO will sell its entire stake – amounting to 16.5% of U Mobile’s outstanding shares – to the majority shareholder, U Television Sdn. Bhd. (UTV).
About NTT DOCOMO
NTT DOCOMO is the world’s leading mobile operator and provider of advanced mobile services. The company serves over 54 million customers in Japan, including 48 million using i-mode, the world’s most popular mobile e-mail/Internet platform, and 49 million using FOMA, the world’s original 3G mobile service based on W-CDMA. As a leader in the development of cutting-edge mobile technologies, DOCOMO is continually expanding the role of mobile phones as versatile and highly personalized “lifestyle tools” for everyday life, including with a wide range of innovative services for mobile payments, GPS, mobile TV, multimedia content and much more. NTT DOCOMO is listed on the Tokyo (9437), London (NDCM) and New York (DCM) stock exchanges. For more information, visit www.nttdocomo.com
