DoCoMo completes MCV purchase

23 May 2013

NTT DoCoMo has announced the completion of its acquisition of MCV Broadband, a supplier of cable television, telephony and high speed internet services in Guam and the Commonwealth of the Northern Mariana Islands (CNMI). The Japanese company, which already owns Guam-based mobile operator DoCoMo Pacific, agreed to buy MCV Broadband from Seaport Capital in August 2012, and the USD129.8 million deal received approval from the Public Utilities Commission (PUC) the following December. In a company press release, NTT DoCoMo said the acquisition will enable its Guam subsidiary ‘to offer MCV’s cable television, internet and fixed line phone services under its own brand as a one-stop quadruple play [package].’ Moreover, DoCoMo Pacific expects to strengthen its mobile phone business by linking to MCV’s fibre-optic network. The move will also enable the cellco to enhance the stability and capacity of its mobile network by leveraging MCV’s communications network as core infrastructure.

Guam, DOCOMO Pacific (Guam), MCV Broadband (Guam), NTT DOCOMO