Tuesday, December 04, 2007

NTT DoCoMo Inc and KTF to buy 33% of U Mobile


South Korea's KT Freetel (KTF) and Japan's NTT DoCoMo Inc will jointly invest USD200 million to acquire a 33% stake in U Mobile, Malaysia's newest 3G mobile operator.

The deal, subjected to Government approval, will result KTF and NTT to involve in the management of U Mobile.

P.s: scamboy is currently testing the Nokia N77 with U Mobile's DVB-H, thanks to Nokia(US). Review soon on Telco Talk Malaysia.

2 comments:

Unknown said...

with foreign investor, u mobile will surely able to compete with others big boys.

Anonymous said...

I hope to see how the Japanese will perform in the Malaysia's market.

Will they offer their content in local language? It will be great!