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  • DoCoMo Considers Mobitel Investment

    According to a recent interview with Toshinari Kunieda, senior vice president and managing director of DoCoMo’s global business, the company is considering taking a stake in Cambodian operator Mobitel. Currently held by Millicom International Cellular (MIC), the report suggests while no final decision has been made the acquisition would add strength to their expanding APAC operations. Operating under the CamGSM banner, the dominant telco has 2M subscribers with just under 50% market share.

    The interview also indicated other merger and acquisition possibilities in the country and that DoCoMo is also considering investment opportunities in Sri Lanka through the Luxembourg-based MIC’s Sri Lanka asset Celltel among other possibilities.

    Posted: 12 August 2009 | Filed: Asia Pacific Market, Sign of the Times | Feedback | Print |
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