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Last updated on April 19, 2014 at 1:20 EDT

DOCOMO Wholly Acquires MCV Guam Holding Corp.

May 22, 2013

Tokyo, May 22, 2013 – (JCN Newswire) – NTT DOCOMO, INC. announced that it has wholly acquired MCV Guam Holding Corp. (MCV), the largest cable television and Internet service provider in Guam and the Commonwealth of the Northern Mariana Islands, on May 21. The purchase from MCV Acquisition, LLC, the holding company of MCV, worth approximately 129.8 million U.S. dollars or about 12.7 billion Japanese yennotice1, was made by a wholly owned holding company established in Guam by DOCOMO.

The acquisition will enable DOCOMO PACIFIC, INC., a wholly owned subsidiary of DOCOMO and Guam’s largest mobile operator, to offer MCV’s cable television, Internet and fixed-line phone services under its own brand as a one-stop quadruple play.

DOCOMO PACIFIC expects to strengthen its mobile phone business through linkage to MCV’s high-speed, large-volume fiber optic network. The linkage also will enable DOCOMO PACIFIC to enhance the stability and capacity of its mobile network by leveraging MCV’s communications network as core infrastructure.

Figures converted at the rate of USD = 97.92 yen as of April 30, 2013

About NTT DOCOMO

NTT DOCOMO is a world-leading mobile operator and growing provider of comprehensive services centered on mobility. The company serves over 60 million customers in Japan via advanced wireless networks, including a nationwide 3G network and one of the world’s first commercial LTE networks. Leveraging its unique capabilities as a mobile operator, DOCOMO is a leading developer of cutting-edge technologies for NFC mobile payments, mobile GPS, mobile TV, intuitive mobile assistance, environmental monitoring, smart grids and much more. Overseas, the company provides technical and operational expertise to eight mobile operators and other partner companies. NTT DOCOMO is listed on the Tokyo (9437), London (NDCM) and New York (DCM) stock exchanges. Please visit www.nttdocomo.com for more information.

Source: NTT DOCOMO

Contact:

Eijun Tanaka or So Hiroki
International PR
Public Relations Department
Tel: +81-3-5156-1366
Fax: +81-3-5501-3408
Website: www.nttdocomo.com>

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Source: acnnewswire