NTT DoCoMo, Inc. announced today that it has acquired 760,500 shares, approximately 3.0% of total issued and outstanding shares, in Nippon Television Network Corporation (NTV). Under a tie-up agreement concluded in February 2006, DoCoMo has already been working with NTV to provide attractive services converging mobile communications and broadcasting.
With the successful launch of “One-segment” terrestrial digital broadcasting in April 2006, and growing sales of compatible handsets, the relationship between mobile communications and broadcasting has become closer than ever before. DoCoMo believes stronger ties with NTV will enable it to better offer customers a variety of exciting new services. Via: DoCoMo PR.