DoCoMo to Acquire Singapore ISP
NTT DoCoMo, Inc. announced today that the company has agreed to make a 100% acquisition of inter-touch (BVI) Limited, a Singapore-based holding company of Internet providers who supply high-speed broadband connections and applications for business travelers at hotels across Asia-Pacific, Europe etc. The total purchase price will be US$70 million. inter-touch has capital in the amount of US$15.6 million. The company was established in 1998 and employs about 120 people.