Japan's NTT DoCoMo To Take 10% Stake in South Korean KTF
An AFP newswire article, via Yahoo! News, reports that:
Japan's leading cellphone company NTT DoCoMo plans to acquire a roughly 10 percent stake in South Korea's second-largest mobile carrier KTF as part of a business alliance, a report said.
The deal, worth 60-72 billion yen (500-600 million dollars), is expected to be sealed later this month, the Nihon Keizai Shimbun business daily said without naming its sources.
posted by Fergie @ 12/14/2005 06:29:00 AM
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