NTT DoCoMo to Sell Stake in Telargo

Financials

TOKYO, JAPAN, February 1, 2008 --- NTT DoCoMo, Inc. announced today that it has agreed to sell its entire interest in Telargo Inc., a U.S.-based provider of location services, to ULTRA d.o.o., the firm's major shareholder based in Slovenia.

Under the agreement, ULTRA will purchase DoCoMo's 49% share of Telargo's outstanding stock. Telargo will then become a wholly owned subsidiary of ULTRA.

(Attachment) Overview of Companies Involved

About NTT DoCoMo
NTT DoCoMo is the world's leading mobile communications company. DoCoMo serves over 53 million customers, including 42 million people subscribing to FOMA™, launched as the world's first 3G mobile service based on W-CDMA in 2001. DoCoMo also offers a wide variety of leading-edge mobile multimedia services, including i-mode™, the world's most popular mobile e-mail/Internet service, used by more than 47 million people. With the addition of credit-card and other e-wallet functions, DoCoMo mobile phones have become highly versatile tools for daily life. NTT DoCoMo is listed on the Tokyo (9437), London (NDCM) and New York (DCM) stock exchanges. For more information, visit www.nttdocomo.co.jp/english.

i-mode and FOMA are trademarks or registered trademarks of NTT DoCoMo, Inc. in Japan and other countries.
NTT DoCoMo's FOMA service is only available to subscribers in Japan.

Go to top of the page