TOKYO, JAPAN, November 29, 2011 ---
DOCOMO, aiming at further expansion of its group’s business scope, will purchase 584,380 shares of mmbi’s common stock for 29.219 billion Japanese yen, raising its shareholding from 51.0% at present to 60.45%.
DOCOMO, which is transitioning into an integrated service company placing mobility at the core, will continue to fully support mmbi’s “NOTTV”, broadcasting station for smartphones, by offering compatible handsets to DOCOMO customers.
Outline of subscription for new share issuance through third-party share allotment
- Share allotment date: December 6, 2011
- Subscribed shares: 584,380 common shares
(Total shares owned by DOCOMO after subscription: 599,680 common shares)
- Amount of subscription: 29.219 billion Japanese yen
(Total investment by DOCOMO after subscription: 29.984 billion Japanese yen)
- Subscription price: 50,000 Japanese yen per share
NTT DOCOMO NTT DOCOMOis a world-leading mobile operator that is in transition into an integrated service company placing mobility at the core. The company serves over 59 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 DOCOMOis listed on the Tokyo (9437), London (NDCM) and New York (DCM) stock exchanges. Please visit www.nttdocomo.co.jp/english for more information.
Mobacas is a trademark of Japan Mobilecasting, Inc.
NOTTV is a trademark of mmbi, Inc.