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Japan's NTT DoCoMo Nears Agreement on Stake in AT&T
Posted: 27-Nov-2000 [Source: Wall Street Journal]

[NTT DoCoMo's move to buy into AT&T Wireless is expected to close soon according to reports.]

By Deborah Solomon and Nikhil Deogun -- "Japan's NTT DoCoMo Inc. is close to an agreement to acquire a 16% to 18% stake in AT&T Wireless Corp. for nearly $10 billion, according to people familiar with the situation.

"A deal between NTT DoCoMo, a wireless unit of Japan's Nippon Telegraph & Telephone Corp., and AT&T Wireless, the wireless arm of AT&T Corp., Basking Ridge, N.J., is expected later this week, these people said.


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