NTT DoCoMo Inc. is in final talks to buy a 10 percent stake in South Korea’s KTF Co. Ltd. for as much as $500 million as Japan’s top mobile carrier seeks new avenues of growth, industry sources said on Tuesday. The deal between DoCoMo and South Korea’s second-ranked mobile operator could be announced as early as this week, the sources told Reuters. 

The two companies have been rumoured to be in talks in the past, and analysts say a tie-up could make sense given strong trade ties and active tourism between Japan and South Korea. Full story here.

 

Related posts:

1. Vodafone to Quit Japan, in Talks to Sell to Softbank
2. DoCoMo Looks to Invest in Vietnam
3. DoCoMo to Join KTF in Malaysia’s U Mobile
4. DoCoMo and KTF Announce Venture Fund
5. DoCoMo to Invest in FOMA Single-Chip LSI

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!