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.