Japan's NTT launches $40 billion buyout of wireless unit Docomo

Japan's NTT launches $40 billion buyout of wireless unit Docomo

3 years ago
Anonymous $rxtAWepgzY

https://www.reuters.com/article/us-ntt-docomo/japans-ntt-launches-40-billion-buyout-of-wireless-unit-docomo-idUSKBN26J2JL

Japan's state-backed Nippon Telegraph and Telephone Corp (NTT) said it will take its wireless carrier business private in a deal worth 4.25 trillion yen ($40 billion) and which could spark a period of mobile price cuts.