Wednesday, December 21, 2005

NTT DoCoMo Takes Stake in Japanese TV Network

Martyn Williams writes in InfoWorld:

NTT DoCoMo Inc. will acquire a minor stake in one of Japan's biggest commercial TV broadcasters, the carrier said Wednesday.

NTT DoCoMo, which is Japan's largest cellular carrier, plans to acquire a 2.6 percent stake in Fuji Television Network Inc. on Jan. 11, 2006 for ¥20.7 billion (US$178.4 million), it said in a statement.

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