DOCOMO Wholly Acquires MCV Guam Holding Corp.
Tokyo, May 22, 2013 - (JCN Newswire) - NTT DOCOMO, INC. announced that it has
wholly acquired MCV Guam Holding Corp. (MCV), the largest cable television and
Internet service provider in Guam and the Commonwealth of the Northern Mariana
Islands, on May 21. The purchase from MCV Acquisition, LLC, the holding company
of MCV, worth approximately 129.8 million U.S. dollars or about 12.7 billion
Japanese yennotice1, was made by a wholly owned holding company established in
Guam by DOCOMO.
The acquisition will enable DOCOMO PACIFIC, INC., a wholly owned subsidiary of
DOCOMO and Guam's largest mobile operator, to offer MCV's cable
television, Internet and fixed-line phone services under its own brand as a
one-stop quadruple play.
DOCOMO PACIFIC expects to strengthen its mobile phone business through linkage
to MCV's high-speed, large-volume fiber optic network. The linkage also
will enable DOCOMO PACIFIC to enhance the stability and capacity of its mobile
network by leveraging MCV's communications network as core
Figures converted at the rate of USD = 97.92 yen as of April 30, 2013
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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