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NDCM Ntt Docomo

51,597.059
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ntt Docomo LSE:NDCM London Ordinary Share JP3165650007 COM SHS NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 51,597.059 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 51,597.059 JPY

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15/3/200209:36NTT DoCoMoTRADERS THREAD-

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Posted at 02/3/2002 00:09 by technet
TOKYO (CBS.MW) -- Shares of NTT DoCoMo, Japan's largest mobile phone operator with more than 40 million subscribers, will trade on the New York and London stock exchanges for the first time on Friday, under the symbol "NDCM."

The overseas listings are aimed at raising DoCoMo's corporate profile and brand name as it gears up to launch its I-mode and 3G mobile communication services in the United States and Europe through partnerships with local operators.

DoCoMo, which has actively tapped the debt markets, said the listings would "provide the company with greater financing options to sustain its expansion plans." The listings do not involve issuing new shares.

DoCoMo became the runaway market leader in Japan by introducing aWeb-browsing and e-mail service for cell phones called I-mode in February 1999.

Today it claims more than 30 million I-mode subscribers, but competition has intensified from J-Phone, operated by Japan Telecom and Britain's Vodafone Group (VOD: news, chart, profile), as well as local player KDDI Corp. The rivals now face a Japanese market where growth is tapering off and the challenge is to contain marketing costs.

In October, DoCoMo rolled out the world's first third-generation (3G) service after a half-year delay.

FOMA -- Freedom of Mobile Multimedia Access -- offers video conferencing and other advanced mobile data and video features that are targeted primarily at corporate customers, who are likelier to be able to afford it.
Ntt Docomo share price data is direct from the London Stock Exchange

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