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NTT-Docomo $40 Billion Buyout Boosts Global Telecom Deals

Bloomberg business news
NTT to Buy Out Docomo for $40 Billion in Biggest Japan Offer
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Global telecommunications dealmaking has just got a boost from Nippon Telegraph & Telephone Corp.’s proposed buyout of its wireless carrier unit NTT Docomo Inc.

The Japanese deal, which could be worth as much as 4.25 trillion yen ($40.2 billion), will raise the year’s total value of announced telecom deals globally to $175.4 billion, according to data compiled by Bloomberg. That’s a 30% jump from the same period last year.