September 11, 2008
NTT DoCoMo Acquires Stake in Irish Maritime Wireless Firm
Tokyo, Sept. 11 (Jiji Press)--NTT DoCoMo Inc. said Thursday it has spent 10 million dollars to acquire an 11.5 pct stake in Blue Ocean Wireless Ltd., an Irish firm providing wireless communication services to the merchant maritime sector.
Blue Ocean Wireless has unique technologies to convert radio signals from satellites into those compatible with the global system for mobile communications.The technologies allow users to make and receive voice calls, and send and receive text messages using existing handsets.
NTT DoCoMo believes Blue Ocean Wireless' effective use of bandwidth, low-cost systems and privacy protection measures "gives the company distinct competitive advantages over conventional satellite communication services," the Japanese mobile phone operator said.END
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