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NTT to Take Mobile Unit Docomo Private for $38 Billion

Laveta Brigham 3 years ago
NTT to Take Mobile Unit Docomo Private for $38 Billion

(Bloomberg) — Nippon Telegraph & Telephone Corp. plans to turn its wireless carrier unit NTT Docomo Inc. into a wholly owned subsidiary, a move that may help Prime Minister Yoshihide Suga’s policy push to lower phone tariffs. NTT will pay 3,900 yen a share to acquire the shares it doesn’t […]

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