Share
Monthly Archives:

  • DoCoMo Annouces New Funds for China

    NTT DoCoMo has just announced that it will join the Gobi Fund II, a venture capital fund operated by Gobi Partners. The Fund will target companies in China working on the convergence of telecoms, media and technology within the IT and digital media sectors. Investment activities will begin this month. DoCoMo’s decision to enter the Gobi Fund II has been prompted in part by the successful performance of its investment in the Gobi Fund I in December 2003.

    Through its involvement, DoCoMo expects not only to earn a reasonable return on its investment, but also to learn more about opportunities for establishing businesses and forming technical tie-ups in China’s telecom-related sectors. Under the agreement, DoCoMo will invest US$10 million in the Fund. The new Fund is targeting a final close of US$120 million and will operate for ten years.

    Posted: 15 May 2007 | Filed: Asia Pacific Market, Carriers | Feedback | Print |
Double Your Chances of Business Success in Japan

Servcorp Serviced Offices and Virtual Offices
Related Posts:
  • DoCoMo Pacific Enables Haiti Donations

    • In an effort to assist victims of the recent devastating earthquake in Haiti, Docomo Pacific is announcing that its customers will be able to donate funds by texting to...

  • Unicom to Sell Both Networks?

    • China Unicom, the smaller of the mainland's two mobile operators, will not receive one of three 3G mobile licenses from the government and its parent will be forced to...

  • China Mobile Says WCDMA Best for 3G

    • Yang Zhiqiang, deputy general manager of the Technical Department of China Mobile, said as the whole market is not ready for 3G in China, China Mobile will also watch...

  • DoCoMo Plans 4G Research in China

    • Putting its money where its mouth is, NTT DoCoMo is establishing DoCoMo Communications Laboratories Beijing Co. Ltd. to further research on fourth-generation wireless technology. The wireless communications research center...

  • SoftBank to Restructure Telco Debt

    • Japan's Softbank plans to raise about $12 billion by securitizing earnings of the cell phone unit it bought from Vodafone Group, a source close to the matter said on...

    previous post: MediaFLO Conference in Tokyo :: next post: New Spectrum to Encourage Competition