Topics Mobile Tech News Monday, April 22


Contact us

Site search:
complete archives list

Site Sponsors:

Don't forget AT&T and Verizon promo codes at to save money.

NTT DoCoMo to Increase Stake in KG Telecom
Posted: 18-Jun-2001 [Source: NTT DoCoMo press release]

[DoCoMo's increase in holdings in KG to pave the way for deployment of an i-mode type service as well as 3G services in Taiwan.]

Tokyo -- NTT DoCoMo, Inc. (NTT DoCoMo) announced today that it will increase its stake in KG Telecommunications Co., Ltd. (KG Telecom), a Taiwanese GSM cellular phone operator, by purchasing a maximum of 62,360,884 new shares for existing shareholders and employees at the end of June. KG Telecom will issue a total of 187,332,096 new shares at NT$30 per share, meaning NTT DoCoMo's purchase could be worth up to approximately NT$1.87 billion (about 6.92 billion yen).

NTT DoCoMo will acquire the shares through DCM Capital TWN (UK) Ltd. and Taiwan DoCoMo Ltd., which were established as a result of NTT DoCoMo's acquisition of KG Telecom stock on November 30, 2000. Koos Group, the largest shareholder of KG Telecom, and NTT DoCoMo will be entitled to purchase the unsubscribed shares up to the ratio of their respective holdings in the company.

For NTT DoCoMo, which provides KG Telecom with technological support and is seating two members on its board of directors, the increased investment will pave the way for the early deployment of an i-mode-like and third-generation wireless services in Taiwan, as well as enhance the value of KG Telcom.

NTT DoCoMo and KG Telecom will enter into a licensing agreement for the introduction of i-mode-like services in Taiwan, targeted at around mid-2002. NTT DoCoMo will license technology and provide know-how to introduce the service over a GPRS network for i-mode HTML/WML dual-browser handsets . It will also provide consulting for a business plan feasibility study, server and terminal development, PR and marketing, portal management, content development and customer care. NTT DoCoMo will receive fees from KG Telecom for the license and services.


Back to Headlines...

Apple Watch Apple Watch

iPhone 6 and iPhone 6 Plus iPhone 6 and iPhone 6 Plus

Amazon Fire Amazon Fire

Samsung Z - Tizen Samsung Z - Tizen


HTC One mini 2 HTC One mini 2

OnePlus One OnePlus One

HTC One (M8) HTC One (M8)

Samsung Gear 2 Tizen Watch Samsung Gear 2 Tizen Watch

HP VoiceTab HP VoiceTab

T200 octa-core T200 octa-core

Nokia 2520 Tablet Nokia 2520 Tablet

Samsung Galaxy Round Samsung Galaxy Round

BlackBerry Z30 BlackBerry Z30

iPhone 5S and iPhone 5C iPhone 5S and iPhone 5C

Samsung Galaxy Mega Samsung Galaxy Mega

Sony SmartWatch 2 Sony SmartWatch 2

iOS 7 iOS 7

Jolla Jolla

BlackBerry Z10 BlackBerry Z10

Galaxy S 4 Galaxy S 4

Galaxy Note 8.0 Galaxy Note 8.0

Ubuntu on Tablets Ubuntu on Tablets

LG Optimus G Pro L-04E LG Optimus G Pro L-04E

Firefox OS Firefox OS

Sony Zperia Z Sony Zperia Z


Valid HTML 4.1!

RSS © 1999-2019 Traques LLC
All times recorded in UTC