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NTT DoCoMo to Acquire Stake in Fuji Television
Posted: 22-Dec-2005 [Source: NTT DoCoMo]

[NTT DoCoMo acquires 2.6% of Fuji Television shares as companies continues to develop a joint opportunity to link mobile communications and broadcasting.]

Tokyo -- NTT DoCoMo, Inc. announced today that it has agreed with Fuji Television Network, Inc. (Fuji Television) to acquire 77,000 shares of Fuji Television's treasury stock (approximately 2.6% of total issued shares) for 20,713,000,000 yen on January 11, 2006.

DoCoMo and Fuji Television have been discussing how to link mobile communications and broadcasting. The agreement precedes the launch of "One-segment" terrestrial digital broadcasting on April 1, 2006, which will present new opportunities for linkages with mobile services.

The partners will cooperate closely with each other by sharing their respective resources and expertise to create a new market and develop innovative services in the field of mobile communications and broadcasting.


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