NTT DOCOMO to Dissolve Communication Platform Planning Co.,
TOKYO, JAPAN, April 2, 2012 --- NTT DOCOMO, INC., announced
today that it has terminated an agreement concerning the
establishment of a joint venture company to develop and
sell semiconductor products for mobile devices, which the
company signed with Fujitsu Limited, Fujitsu Semiconductor
Limited, NEC Corporation, Panasonic Mobile Communications
Co., Ltd. and Samsung Electronics Co., Ltd. in December
The joint-venture agreement was terminated because a
consensus on the details of the envisioned company could
not be reached by the target deadline, the end of March.
As a result, Communication Platform Planning Co., Ltd., a
wholly owned subsidiary that DOCOMO had established to
prepare for the formation of the joint-venture company,
will be liquidated in June.
About NTT DOCOMONTT DOCOMO is a world-leading
integrated-services company centered on mobility. The company
serves over 60 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 www.nttdocomo.com
This press release was issued by NTT - Nippon Telegraph & Telephone Corporation and was initially posted at http://www.nttdocomo.com/pr/2012/001586.html . It was distributed, unedited and unaltered, by noodls on 2012-04-02 09:07:38 AM. The issuer is solely responsible for the accuracy of the information contained therein.