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NTT launches JPY 4.25 trillion buyout offer for mobile unit Docomo - report

2020-09-29 09:28:00| Telecompaper Headlines

(Telecompaper) Japanese operator Nippon Telegraph and Telephone (NTT) plans to take its mobile business NTT Docomo private, according to multiple media reports. The deal is worth around JPY 4.25 trillion (approximately USD 40 billion). NTT will launch a tender offer for the 34 percent stake in NTT Docomo that it does not already own, at JPY 3,900 per share. 

Tags: report offer mobile unit

Category:Telecommunications

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