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KT Corp., South Korea’s largest fixed- line telecommunications operator, denied a report that the company’s in talks to sell a 20 percent stake in KT Freetel Co. to Japan’s NTT DoCoMo Inc. Â
NTT DoCoMo, Japan’s largest mobile phone operator, may buy a 20 percent stake in KT Freetel from KT Corp., MoneyToday reported earlier today, citing unidentified industry and brokerage officials. Edaily today retracted an earlier report that DoCoMo had agreed to buy the 20 percent stake. Full story Here.
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Some sage advise when entering new turf; Stop, Look and Listen.. it’s also good to secure a local guide. Japan is the cradle of mobile civilization – we have been dedicated to this space since 2001 – trust our archives here offer some useful material.
Domestic activities continue to set the pace, and sharp players are looking at global markets. We have hard-earned industry expertise and trusted network of contacts with access to advanced intell. and potential deal flow. Need a lift.. Ok, buckle-up!