DoCoMo Reportedly Planning To Buy Stake In AT&T Wireless - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

DoCoMo Reportedly Planning To Buy Stake In AT&T Wireless

Japanese telco Nippon Telephone & Telegraph's DoCoMo wireless services unit has agreed to buy up to a 20% stake, at a projected value of $9 billion, in AT&T's Wireless Group Inc., according to published reports. The deal would give the domestic carrier a sorely needed cash infusion and would give DoCoMo access to the lucrative U.S. wireless market.

AT&T Wireless Group, which comprises mobile and fixed wireless systems, was created as a tracking stock early this year and will become a standalone business as part of the U.S. carrier's recently revealed plan to split itself into several businesses. The AT&T group has been aggressively marketing wireless data services for businesses and consumers this year and allying with content providers to build service usage.

DoCoMo started its wireless Web service, dubbed I-mode, in February 1999 and has more than 12 million users. I-mode provides access to more than 21,000 Web sites. The company recently inked a pact with America Online to jointly develop a series of unspecified Internet services. The Japanese wireless unit is also looking to expand in the Asia-Pacific Rim area.

"A relationship with a powerful wireless partner like DoCoMo could prove attractive to AT&T Wireless Group Inc. by bringing its vast wireless experience and technology to AT&T," says Daniel Briere, CEO of telecom consulting firm TeleChoice. "But it's really too soon to speculate as to how AT&T's wireless group could put this knowledge to work." The Wall Street Journal reported that the deal could be revealed next week. AT&T Wireless Group declined to comment.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2020 State of DevOps Report
2020 State of DevOps Report
Download this report today to learn more about the key tools and technologies being utilized, and how organizations deal with the cultural and process changes that DevOps brings. The report also examines the barriers organizations face, as well as the rewards from DevOps including faster application delivery, higher quality products, and quicker recovery from errors in production.
Slideshows
Data Science: How the Pandemic Has Affected 10 Popular Jobs
Cynthia Harvey, Freelance Journalist, InformationWeek,  9/9/2020
Commentary
The Growing Security Priority for DevOps and Cloud Migration
Joao-Pierre S. Ruth, Senior Writer,  9/3/2020
Commentary
Dark Side of AI: How to Make Artificial Intelligence Trustworthy
Guest Commentary, Guest Commentary,  9/15/2020
Register for InformationWeek Newsletters
Video
Current Issue
IT Automation Transforms Network Management
In this special report we will examine the layers of automation and orchestration in IT operations, and how they can provide high availability and greater scale for modern applications and business demands.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll