• DoCoMo to Join KTF in Malaysia’s U Mobile

    KTF and DoCoMo announced that they have agreed to jointly invest in U Mobile Sdn Bhd, a new Malaysian 3G mobile operator that is scheduled to launch commercial service in 2008. The two companies will collectively acquire 33 percent control of the new market entrant.

    Upon approval of the Malaysian government, KTF and DoCoMo will invest 100 million U.S. dollars respectively through third-party allotment of new shares, giving each company 16.5 percent shares with voting rights.

    KTF and DoCoMo will jointly participate in U Mobile’s management and draw on their 3G expertise to enhance U Mobile’s competitiveness. The two companies intend to promote international roaming services through U Mobile’s 3G network for their respective customers traveling in Malaysia.

    Tags: ,

    Posted: 4 December 2007 | Filed: Asia Pacific Market, Carriers | Feedback | Print |  add to twitter 
Double Your Chances of Business Success in Japan

Servcorp Serviced Offices and Virtual Offices
Related Posts:
  • Profits dip at KTF, LG Telecom

    • KTF Co, the No.2 mobile operator, said earnings fell about 4.5 percent in the second quarter of 2003 because of higher interest payments and one-off charges. Smaller rival LG...

  • KTF, Dentsu Setup Mobile Ad JV

    • KTF Co., South Korea's second-largest mobile phone operator, said Thursday its board decided to form a joint venture with Dentsu Inc., Japan's biggest advertising company, to produce and sell...

  • DoCoMo and KTF Announce Venture Fund

    • NTT DoCoMo and KT Freetel just announced that in November they will set up a venture fund in Korea to invest in promising mobile and IT firms. Through the...

  • DoCoMo to Invest in Korea’s KTF?

    • NTT DoCoMo Inc. is in final talks to buy a 10 percent stake in South Korea's KTF Co. Ltd. for as much as $500 million as Japan's top mobile...

  • DoCoMo Expands 3G Global Roaming

    • DoCoMo announced today that they will expand FOMA 3G international roaming and videophone services in Europe and Asia. Starting from 12 July, WORLD WING and WORLD WALKER users in...

    previous post: Disney to Launch the iPhone in Japan :: next post: Alcatel-Lucent Lands Softbank Mobile Deal

    Wireless Watch Video Gallery
    Wireless Watch Community
    The Mob Rulz
    Japan Mobile Subscriber Statistics