NTT DoCoMo Inc. said Friday it will acquire Germany’s net mobile AG, a mobile phone portal site, to boost its content-related business in Europe.
The nation’s top mobile phone service provider will make a tender offer for net mobile’s shares by the end of the month, and aim to buy more than 75 percent of its outstanding shares within four weeks. The purchase is expected to cost about ¥4.9 billion.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.