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DoCoMo looks at selling stock overseas
Posted: 01-Jan-2002 [Source:]

[NTT DoCoMo may be listed as early as April on both the New York and London exchanges.]

Tokyo -- "NTT DoCoMo Inc., Japan's largest cell-phone carrier, plans to list its stock in New York and London, a Japanese newspaper reported Tuesday.

"NTT DoCoMo wants to trade on the world's two largest exchanges, perhaps even by April, the Sankei Shimbun states.

"DoCoMo is looking to raise funds to build out its communications networks overseas with the listing, as well as to boost the company's overseas profile.

"The company plans to finalize by April a new internal accounting system designed to meet the reporting requirements of overseas equity markets, the report said, quoting unnamed company officials.


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