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DoCoMo Clings to Its American Dream
Posted: 05-Aug-2002 [Source: Business Week Online]

[Interview with Nobuhary Ono, President and CEO of NTT DoCoMo USA, discussing DoCoMo's plans in relation to its stake in AT&T Wireless and the rapidly expanding competition in its home market.]

"Nobuhary Ono, president and CEO of NTT DoCoMo USA, the U.S. subsidiary of the Japanese wireless communications giant, is a key point man at a time when the company is facing major challenges. The value of its $9.8 billion, 16% stake in AT&T Wireless has plunged to a fraction of its purchase price, and it is facing heavy competition in its home market. On July 31, BusinessWeek Online reporter Olga Kharif checked in with Ono. Here are edited excerpts of their talk:

Q: Much has changed since you made your investment in AT&T Wireless. What's your strategy for the U.S. now? A: DoCoMo USA has two objectives: First, since our parent company in Japan, NTT DoCoMo, has invested in AT&T Wireless, our mission is to support AT&T Wireless in implementation of its data service [such as video streaming over cell phones] in the U.S. and disseminating the service using our technology. The second mission is to find new technologies in the U.S. to take back to Japan and, if possible, implement here in the U.S."

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