DoCoMo sets aside USD3 billion

5 Aug 2005

NTT DoCoMo has set aside JPY350 billion (USD3 billion) for investments including mergers and acquisitions, intended to boost its presence across the world. The cellco has shied away from big investments overseas in recent years, after its acquisitions of US operator AT&T Wireless and Dutch cellco KPN Mobile flopped, but has said it wants to get back on the band wagon.

Japan, NTT DOCOMO