DoCoMo to Extend a Shareholder Loan to Hutchison 3G UK Holdings Limited

TOKYO, JAPAN, April 23, 2003 --- NTT DoCoMo, Inc. ("DoCoMo") announced today that after careful consideration of the necessity of a funding request from Hutchison 3G UK Holdings Limited("H3G UK"), in which it holds a 20% equity interest, the loan conditions proposed by H3G UK and the provisions of the H3G UK Shareholders Agreement between DoCoMo and Hutchison Whampoa Limited ("HWL"), DoCoMo will meet H3G UK's request for a shareholder loan advancement of £200 million.

Also, as part of DoCoMo's 3G global strategy, DoCoMo today signed an agreement for the purpose of mutual cooperation in the provision of 3G services with Hutchison Whampoa Limited ("HWL"), the parent company of both H3G UK and Hutchison 3G HK Holdings Limited ("H3G HK"), in which DoCoMo has a 24.1% interest, in order to develop and promote 3G services based on W-CDMA technology by DoCoMo, H3G UK and H3G HK.


Go to top of the page