Deals
Docomo Plans $8.8 Billion in Spending on 5G Infrastructure
- Carrier to give discount, ‘returning’ 400 billion yen to users
- Limited 5G services targeted for September 2019 at some spots
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NTT Docomo Inc., Japan’s second-biggest mobile phone carrier by sales, plans to invest 1 trillion yen ($8.8 billion) on infrastructure over five years for 5G services that allow faster data transmission.
The carrier also increased planned investment this year by 10 billion yen for offering “pre-commercial” 5G services at limited locations including airports, stadiums and Docomo premises by September 2019, the company said in a presentation Wednesday, along with second-quarter earnings. The company also raised its estimate for capital spending this year to 590 billion yen, from a previous target for 570 billion yen.