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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Ntt Docomo | NDCM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 51,597.059 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 51,597.059 | 51,597.059 |
| Top Posts |
|---|
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. |
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