Create an Account
username: password:
 
  MemeStreams Logo

NTT DoCoMo takes $7.5B charge

search

Jeremy
My Blog
My Profile
My Audience
My Sources
Send Me a Message

sponsored links

Jeremy's topics
Arts
  Literature
   Classical
   Fiction
   Horror
   Non-Fiction
   Sci-Fi/Fantasy Literature
  Movies
   Movie Genres
    Action/Adventure
    Cult Films
    Documentary
    Drama
    Horror
    Independent Films
    Film Noir
    Sci-Fi/Fantasy Films
    War
  Music
   Music Styles
    Classical
    Electronic Music
    Rap & Hip Hop
    IDM
    Jazz
    World Music
  TV
   TV Documentary
   TV Drama
   SciFi TV
Business
  Finance & Accounting
  Industries
   Tech Industry
   Telecom Industry
  Management
  Markets & Investing
Games
  Video Games
   PC Video Games
   Console Video Games
Health and Wellness
  Medicine
Home and Garden
  Cooking
  Entertaining
Miscellaneous
  Humor
  MemeStreams
   Using MemeStreams
Current Events
  War on Terrorism
  Elections
  Israeli/Palestinian
Recreation
  Cars and Trucks
  Travel
Local Information
  United States
   California
    SF Bay Area
   Events in Washington D.C.
   News for Washington D.C.
   Georgia
    Atlanta
     Atlanta Events
Science
  Biology
  History
  Math
  Medicine
  Nano Tech
  Physics
Society
  Economics
  Education
  Futurism
  International Relations
  History
  Politics and Law
   Civil Liberties
    Internet Civil Liberties
    Surveillance
   Intellectual Property
  Media
   Blogging
  Military
  Philosophy
Technology
  Biotechnology
  Computers
   Computer Security
    Cryptography
   PC Hardware
   Human Computer Interaction
   Computer Networking
   Macintosh
   Software Development
    Open Source Development
  Military Technology
  High Tech Developments

support us

Get MemeStreams Stuff!


 
NTT DoCoMo takes $7.5B charge
Topic: Economics 9:06 am EST, Mar 28, 2002

The Japanese mobile operator says it is looking at its overseas stock investments and may write off the billions it lost on AT&T Wireless of the United States and KPN Mobile of the Netherlands.
... [DoCoMo] will take a special charge of 1 trillion yen ($7.54 billion) on overseas investments. ... The firm's offshore investments in mobile operators include 16 percent of AT&T Wireless Services in the U.S., 15 percent of KPN Mobile in the Netherlands, 20 percent of Hutchison 3G U.K. and 21 percent of Taiwan's KG Telecommunications. ... DoCoMo President Keiji Tachikawa said a decision on a widely expected writedown of his company's $9.8 billion investment in AT&T Wireless Services Inc, by far its largest foreign holding, could come as early as Friday. ... the downturn in global telco valuations since April 2000 means the company's investments face heavy writedowns. ... The losses on past investments would not deter DoCoMo from continuing its expansion overseas ...

Are DoCoMo and NTT giving up hope on the US wireless market? ... Maybe they won't be interested in the wireline infrastructure when it comes up for sale.

NTT DoCoMo takes $7.5B charge



 
 
Powered By Industrial Memetics
RSS2.0