Monday, March 27, 2023

NTT DoCoMo Inc and KTF to buy 33% of U Mobile

South Korea’s KT Freetel (KTF) and Japan’s NTT DoCoMo Inc will jointly invest USD200 million to acquire a 33% stake in U Mobile, Malaysia’s newest 3G mobile operator.

The deal, subjected to Government approval, will result KTF and NTT to involve in the management of U Mobile.

P.s: scamboy is currently testing the Nokia N77 with U Mobile’s DVB-H, thanks to Nokia(US). Review soon on Telco Talk Malaysia.

Kugan is the co-founder of MalaysianWireless. He has been observing the mobile industry since 2003. Connect with him on Twitter: @scamboy

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