AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

DoCoMo to take huge loss.

The Daily Deal

| April 04, 2002 | COPYRIGHT 2003 The Deal LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Charles Smith

TOKYO ? Japanese mobile phone operator NTT DoCoMo Inc. has been rocked by huge losses stemming from its cash acquisition of stakes in foreign telecom companies.

DoCoMo said April 4 that it will recognize losses of ?812.7 billion ($6.15 billion) on investments in the four overseas telecom operators, when it announces its business results in early May for the year ended March 2001.

The losses, which include a write-down of ?506 billion in the value of DoCoMo's 16% stake in AT&T Wireless Services, will force the company into the red for the first time since it was listed on the first section of the Tokyo Stock Exchange in Oct.…

Related articles from newspapers, magazines, journals, and more
NTT DoCoMo Lists on New York Stock Exchange; Global Leader in Wireless...
Press release article from: Business Wire March 1, 2002 700+ words
...presence on the Tokyo Stock Exchange, NTT DoCoMo is now traded on...The New York Stock Exchange is honored to welcome NTT DoCoMo, one of the world...NTT DoCoMo." DoCoMo has been listed on the Tokyo Stock Exchange since 1998. As...
NTT DoCoMo makes its debut on New York Stock Exchange and the London Stock...
Magazine article from: Telecom Asia April 1, 2002 700+ words
* NTT DoCoMo makes its debut on New York Stock Exchange and the London Stock Exchange. DoCoMo president and CEO Keiji Tachikawa says the two listings, which do not involve the issue of new shares, will help the Japanese operator accelerate efforts...
NTT DoCoMo.(to list on New York Stock Exchange)(Company Financial...
Magazine article from: Wireless Week June 18, 2001 700+ words
In a move that would increase NTT DoCoMo's funding options in the United States, the carrier plans to list on the New York Stock Exchange in September.
For DoCoMo, It's Westward Ho!(NTT DoCoMo expansion plans)(Brief Article)
Newspaper article from: Wireless News March 4, 2002 700+ words
...coming months, DoCoMo -- Japan...the New York Stock Exchange under the ticker...on the London Stock Exchange under the ticker symbol NDCM DoCoMo shares opened...and CEO of NTT DoCoMo, called the stock exchange debuts a "corporate...
For DoCoMo, It's Westward Ho!(Brief Article)
Newspaper article from: Wireless News March 4, 2002 700+ words
...coming months, DoCoMo -- Japan...the New York Stock Exchange under the ticker...on the London Stock Exchange under the ticker symbol NDCM DoCoMo shares opened...and CEO of NTT DoCoMo, called the stock exchange debuts a "corporate...
DoCoMo president: U.S. talks consolidation too much. (News).
Magazine article from: RCR Wireless News Mooney, Elizabeth V. March 11, 2002 700+ words
NEW YORK--NTT DoCoMo's new New York Stock Exchange listing will enhance the company's global liquidity, thereby...the United States. Nevertheless, he also said any further DoCoMo acquisitions in this country would only be undertaken to...
NTT DoCoMo to Repurchase 1.8 M. Own Shares.
News wire article from: Asia Africa Intelligence Wire August 26, 2004 700+ words
...183,000 yen apiece. Of the total, NTT DoCoMo will purchase 96 pct from its parent Nippon...pct will be released by 36 other firms, NTT DoCoMo said. On the Tokyo Stock Exchange, NTT DoCoMo shares closed at 205,000 yen, down 5...
DoCoMo to list on New York, London stock exchanges in March. (News).
Magazine article from: RCR Wireless News January 28, 2002 700+ words
...listed on the New York Stock Exchange and the London Stock Exchange in early March. Keiji...Tachikawa, president of NTT DoCoMo, last Friday said the...is UBS Warburg. NTT DoCoMo was listed on the Tokyo Stock Exchange in October 1998. Currently...
NTT DoCoMo Rises on TSE on Reported Deal with Motorola.
News wire article from: Asia Africa Intelligence Wire August 23, 2004 700+ words
...Jiji) Tokyo, Aug. 23 (Jiji Press)--NTT DoCoMo firmed on the Tokyo Stock Exchange Monday morning following a media report that...service will become available next spring. NTT DoCoMo, which is currently procuring mobile phone handsets...
NTT DoCoMo and IBM Lotus Software Explore Mobile Business Solutions.
Press release article from: PR Newswire November 15, 2001 700+ words
...million. On May 30, 2001, NTT DoCoMo launched its W-CDMA based...the introductory phase, NTT DoCoMo launched its fully commercialized...service on October 1, 2001. NTT DoCoMo is listed on the Tokyo Stock Exchange. About Lotus Software from...
For more facts and information, see all results
©2010 Gale, a part of Cengage Learning. All rights reserved. About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily