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May 22, 2013
DOCOMO Wholly Acquires MCV Guam Holding Corp.
TOKYO, JAPAN, May 22, 2013 --- NTT DOCOMO, INC. announced that it has wholly acquired MCV Guam Holding Corp. (MCV), the largest cable television and Internet service provider in Guam and the Commonwealth of the Northern Mariana Islands, on May 21. The purchase from MCV Acquisition, LLC, the holding company of MCV, worth approximately 129.8 million U.S. dollars or about 12.7 billion Japanese yen
1, was made by a wholly owned holding company established in Guam by DOCOMO.
The acquisition will enable DOCOMO PACIFIC, INC., a wholly owned subsidiary of DOCOMO and Guam's largest mobile operator, to offer MCV's cable television, Internet and fixed-line phone services under its own brand as a one-stop quadruple play.
DOCOMO PACIFIC expects to strengthen its mobile phone business through linkage to MCV's high-speed, large-volume fiber optic network. The linkage also will enable DOCOMO PACIFIC to enhance the stability and capacity of its mobile network by leveraging MCV's communications network as core infrastructure.
(Open a PDF file)(Attachment) Details of DOCOMO's Acquisition of MCV Guam Holding Corp. (PDF format: 24KB)
- 1 Figures converted at the rate of USD = 97.92 yen as of April 30, 2013
About NTT DOCOMO
NTT DOCOMO provides innovative, convenient and secure mobile services that enable smarter living for each customer. The company serves over 61 million mobile 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 DOCOMO is listed on the Tokyo (9437), London (NDCM) and New York (DCM) stock exchanges. Please visit https://www.docomo.ne.jp/english/ for more information.
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