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June 25, 2011

DoCoMo Looks to Invest in Vietnam

DoCoMo is looking to invest in a Vietnamese content provider, according Reuters interview with a senior company executive: http://bit.ly/lWkZbN

DoCoMo looking to invest in Vietnam content company

Japan’s largest mobile carrier, NTT DoCoMo, wants to invest in a Vietnamese content provider, a senior company executive in charge of global business told Reuters in an interview on Thursday.

Masatoshi Suzuki also said that India’s Tata Teleservices, in which DoCoMo holds a 26 percent share, would likely struggle for some time to make a profit, though he expected the number of contracts to rise by more than 20 million this year from nearly 90 million at the end of March.

Faced with limited growth in the domestic market due to Japan’s ageing population, DoCoMo is seeking investment opportunities in other parts of Asia, but government regulation and market saturation are clouding its prospects.

Related posts:

  1. EAccess to Invest $4 bn in 3G
  2. DoCoMo Makes Move in Vietnam
  3. DoCoMo to Invest in Korea’s KTF?
  4. CyberAgent Buying into Vietnam
  5. DoCoMo Opens Office in Vietnam

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