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November 14, 2006

FCC Approves Guam Cellular Acquisition

DoCoMo announced today that it has received approval from the U.S. regulatory authority, the Federal Communications Commission (FCC), for the company’s 100% acquisition of Guam Cellular. The agreement was concluded on March 20, 2006 in the amount of $71,800,000. Under the terms of the deal, DoCoMo will complete the 100% acquisition of Guam Cellular through its established holding company, after which it will acquire the business of Guam Wireless through Guam Cellular and merge the two companies.

DoCoMo will also provide additional funds of up to US$6,500,000 to strengthen the newly formed company’s facilities and infrastructure. Payment will be completed as soon as all the closing conditions have been satisfied. DoCoMo also plans in the future to introduce a W-CDMA network for 3G services utilizing Guam Cellular’s frequency. Continue >>

Related posts:

  1. DoCoMo to Acquire Guam Carriers
  2. DoCoMo’s Deal in Guam Challenged
  3. Subscriptions to KDDI au Cellular Service Exceeds 15 Million
  4. DoCoMo Closing in on Guam
  5. Japan Approves Three New Groups for 3G

previous post: Rakuten to Launch Anonymous Auctions :: next post: KDDI Announces Digital Radio Services

  • Mobikyo K.K. publishes Wireless Watch Japan, organizes MobileMonday Tokyo networking events and operates Mobile Intelligence study tours providing related custom research and advisory services. Mobikyo's founding directors are deeply connected with, respected by, and committed to, Japan's wireless and IT business community. Thousands of managers, planners, engineers and strategists depend on Mobikyo to learn about Japan's unique business models, technologies, contents, services, applications and hardware from the most innovative test-bed market for next-generation mobile industry. "Mobikyo" was chosen for the unique blending of Mobile and Tokyo. However, depending on the kanji character used for kyo, it could also mean association, capital, religion or today. With fantastic support from our clients, partners and affiliates in Japan and overseas, we have become the trusted source of independent market intelligence & business networking connections based in Tokyo.
  • MobileMonday Tokyo is a leading networking organization supporting Tokyo's mobile industry. We launched in September 2004, with over 70 events to-date, hosting an average 100-200 industry delegates. MobileMonday is an open platform for mobile industry visionaries, developers and industry insiders fostering cooperation and business development through live networking events to share ideas, best practices and trends from global markets. Chapters are active in over 100 cities worldwide and new locations continue to launch monthly. Founded in Helsinki, Finland, in 2000, MobileMonday is organized by a global team of 300+ volunteers and it has become the world's largest mobile community network. Details via MoMo Tokyo website
  • Mobile Intelligence offers related custom research and consulting designed specifically for industry executives working in sales, marketing, product development, strategy, venture capital and the media. From private workshops and conference presentations to trend spotting innovation and detailed analysis, our services are based on the direct experience and lessons learned in the Japanese mobile market. We also run a unique in-Japan guided tour service providing market introductions, personal connections and actionable lessons for clients overseas. Delegates take part in seminar and attend inside sessions, at individual companies, in technology showrooms, and -- most importantly -- on the fabled streets of Tokyo. Alumni return home with a competitive edge, integrated awareness and personal contacts moving them to the forefront of new business development. Full details via Mobile Intelligence website