Search
Menu
PI Physik Instrumente - Fast Steering LB LW 11/24

NTT DoCoMo Purchases a $9.8 billion Stake in AT&T Wireless

Facebook X LinkedIn Email
TOKYO, Dec. 1 -- In a move to establish its IMT-2000 mobile communications system and related mobile Internet services in the US market, Japan's biggest mobile phone company, NTT DoCoMo Inc., has agreed to buy a 16 percent stake in AT&T Wireless. NTT DoCoMo will pay $6.2 billion to AT&T Wireless and $3.6 billion to AT&T, which puts AT&T Wireless' tracking stock at $23.50 per share -- 31 percent higher than its closing price as of Nov. 28. The Alliance integrates AT&T Wireless's nationwide network infrastructure with NTT DoCoMo's i-mode-based mobile Internet technology, which enables users...Read full article

Related content from Photonics Media



    Articles


    Products


    Photonics Handbook Articles


    Webinars


    Photonics Dictionary Terms


    Media


    Photonics Buyers' Guide Categories


    Companies
    Published: December 2000
    CommunicationsNews & Features

    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.