DOCOMO to Form Business and Capital Alliance with Pioneer to Enter Intelligent
Transport Systems Business
Tokyo, May 13, 2013 - (JCN Newswire) - NTT DOCOMO, INC., a personalized mobile
solutions provider for smarter living, announced today an agreement on a
business and capital alliance with Pioneer Corporation, a leading manufacturer
of car and home electronics, to integrate Pioneer's in-car navigation
telematics technologies and related peripheral development capabilities with
DOCOMO's mobile cloud expertise to make a full-scale entry into the field
of intelligent transport systems (ITS).
The envisioned in-car ITS system will use probe data gathered from
Pioneer's car-mounted navigation system and DOCOMO smartphones in moving
vehicles to process detailed traffic information in Pioneer's ITS cloud
platform. ITS services that integrate this information with various other
services will be jointly developed and launched for individual and corporate
customers this year.
In addition to developing such services and constructing ITS-related cloud
infrastructure, the two companies will develop and sell compatible car-mounted
Under the capital alliance, DOCOMO plans to invest about five billion yen
(approx. 50 million U.S. dollars) through a third-party allocation of new
shares to acquire approx. 7% stake in Pioneer this coming June 28.
DOCOMO and Pioneer already have partnered in the integration of car
electronics and information services, including the "docomo Drive
NetTM" navigation service, which incorporates DOCOMO's smartphones
placed in dashboard-mounted cradles.
About NTT DOCOMO
NTT DOCOMO is a world-leading mobile operator and growing provider of
comprehensive services centered on mobility. The company serves over 60 million
customers in Japan via advanced wireless networks, including a nationwide 3G
network and one of the world's first commercial LTE networks. Leveraging
its unique capabilities as a mobile operator, DOCOMO is a leading developer of
cutting-edge technologies for NFC mobile payments, mobile GPS, mobile TV,
intuitive mobile assistance, environmental monitoring, smart grids and much
more. Overseas, the company provides technical and operational expertise to
eight mobile operators and other partner companies. NTT DOCOMO is listed on the
Tokyo (9437), London (NDCM) and New York (DCM) stock exchanges. Please visit
www.nttdocomo.com for more information.
Eijun Tanaka or So Hiroki
Public Relations Department
Copyright 2013 JCN Newswire. All rights reserved. www.japancorp.net
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