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Japan - NTT DoCoMo withdraws from mobile phone market.
(From RDSL UK)
NTT DoCoMo (Japan), mobile phone operator, has announced plans to close NTT DoCoMo Telecomunicacoes Brasil (Brazil), subsidiary, and to sell its stake in Sudeste Cel Participacoes (Brazil), mobile phone holding company. It paid around Y10.4 bil for a 3.6% stake in Tele Sudeste Celular in September 1998. The stake is currently worth around Y1.8 bil, with DoCoMo already having written …
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Newspaper article from: The Daily Deal
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700+ words
