TheTradingReport

DoCoMo Pursues Global Ambition

Zacks Investment Research

NTT DoCoMo (DCM) has decided to focus strongly on mobile content offerings, a new avenue to increase revenue. In order to become a powerful mobile content delivery player internationally, the company has decided to acquire German wireless value-added services specialist Net Mobile AG for a consideration of approximately $60.8 million. The deal is expected to be completed by the end of this month. DoCoMo will start implementing LTE (Long Term Evolution) networks in Japan from 2010. The main purpose of deploying the LTE network is to offer mobile content services in Japan and then systematically in the international markets.

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