DoCoMo will keep initial investment on its so-called super 3G network down to 100-200 billion yen ($841 million-$1.7 billion), according to reports in the Nikkei shimbun. DoCoMo has spent a total of 2.8 trillion yen on its 3G network in the past six years. Since the company will use existing base stations and other equipment for the super 3G, it would be able to keep down the necessary initial capital spending, the Nikkei said.
DoCoMo has said it planned to have the super 3G network ready by around 2009 and it would spend less on the new network than it had on its existing 3G network. Shares in the country’s biggest mobile phone operator rose 3.2 percent to 194,000 yen by 0035 GMT, outperforming a 0.58 percent gain in the benchmark Nikkei average. Continue>>
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