OK.. DoCoMo shelled out $2.7 bn for 26% in Tata Tele…But who’s DoCoMo?

This is DoCoMo:

*Full name: NTT DoCoMo,

[NTT is Nippon Telegraph and Telephone]

[DoCoMo is the abbreviation of the phrase, "do Communications over the Mobile network"]


*Belongs to: Japan


*Logo: Docomodake, a mushroom , a celebrity sort of in Japan


*Current status: One of the world’s largest mobile services companies


*Amount shelled out to buy 26% stake in Tata Tele services: $2.7 billion or Rs 13,070 crore


*Total number of customers: 53 million or 5.3 crore


*Share in Japan's cellular market: More than 50%


Some Firsts to its name:

*In 2001,brought the world’s first 3G mobile based on W-CDMA(creator of the technology) tech.: called FOMA, currently 46 million subscribers.


*Launched in 1999, the world’s first mobile internet service: i-Mode


*First to launch a handset with “wallet transactions” i.e. the handset doubles as a credit card.
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