Tokyo, Oct 15, 2009 (JCN) - NTT DoCoMo Inc is easing the pace of its M&A activity in Asia as it focuses on existing acquisitions. Cash-rich DoCoMo, which is still hungry to grow in Asia through investments in operators, wants to first solidify its services with India's Tata Teleservices and with Philippines Long Distance Telephone Co. DoCoMo controls half of Japan's saturated mobile market, where growth has stalled.
It is now looking at investing in more software firms and content providers that could help DoCoMo grow revenues as it launches its Long Term Evolution network at the end of next year. DoCoMo considers the arrival of LTE, which allows faster uploads and downloads to mobile devices, a second chance after it fumbled its push to gain global presence with its 3rd-generation phone network 10 years ago, launching its network too early.
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