KT Denies Sale to NTT DoCoMo
KT Corp., South Korea’s largest fixed- line telecommunications operator, denied a report that the company’s in talks to sell a 20 percent stake in KT Freetel Co. to Japan’s NTT DoCoMo Inc.
NTT DoCoMo, Japan’s largest mobile phone operator, may buy a 20 percent stake in KT Freetel from KT Corp., MoneyToday reported earlier today, citing unidentified industry and brokerage officials. Edaily today retracted an earlier report that DoCoMo had agreed to buy the 20 percent stake. Full story Here.