Monday, October 29, 2012

The fall of previously success story

DoCoMo Shares Fall to Lowest Since 1998 on Forecast: Tokyo Mover- Bloomberg

NTT DoCoMo Inc. , Japan’s largest mobile-phone company, fell to the lowest level in 14 years in Tokyo trading.

DoCoMo’s rivals have turned to acquisitions as part of their strategy to drive growth as they foresee the domestic market slowing down. Softbank, the third-largest wireless services provider, announced a $20 billion investment in U.S.’s Sprint Nextel Corp. on Oct. 15. KDDI and Sumitomo Corp. offered as much as 216 billion yen on Oct. 24 to buy out Jupiter Telecommunications Co., Japan
’s biggest cable-TV operator.

1 comment:

  1. Anonymous5:17 AM

    Its like you read my mind! You appear to understand so much about
    this, like you wrote the guide in it or something. I believe
    that you could do with some % to drive the message home a little bit, however
    other than that, that is magnificent blog. An excellent read.
    I will certainly be back.

    Also visit my webpage - sargentgolfinstruction.com

    ReplyDelete