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DoCoMo announced today that it will launch a fourth U.S. Advisory Board, which will hold its first meeting in the United States on April 11, 2007. The board will be chaired by former United States Federal Communications Commission (FCC) chairman Michael K. Powell, currently chairman of the MK Powell Group and senior advisor of Providence Equity Capital, and will include Dr. C. Fred Bergsten, founder and director of the Peterson Institute for International Economics, who served as chairperson on two previous boards.
The U.S. Advisory Board provides DoCoMo with advice and insight regarding global social and economic circumstances as they relate to its management policies, corporate governance, compliance and corporate communications, as well as the development and provision of high-quality services. The third Advisory Board, established in December 2004, completed its mission in August 2006.
Perhaps we’ll get a hint of what the third advisory board concluded by the end of it’s mission last summer. It would seem that DoCoMo is at least keeping tabs on the U.S market and might even consider some potential synergies with mobile payments there. It would be fair to say that after the beating the company took over there a few short years ago they will be much more careful this time. Lets hope the pendulum doesn’t swing too far the other way.. or DoCoMo might miss a good chance to re-gain the billions lost on the AT&T adventure.
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!