Selling its shareholding in U Mobile Sdn. Bhd. (U Mobile), a Malaysian 3G mobile operator, for US$100 million

September 15, 2009

1 Min Read

TOKYO -- NTT DOCOMO, INC. announced today that it will sell its shareholding in U Mobile Sdn. Bhd. (U Mobile), a Malaysian 3G mobile operator, for USD 100 million - the same amount DOCOMO originally invested for the shares.

Under an agreement with major stakeholders, DOCOMO will sell its entire stake - amounting to 16.5% of U Mobile's outstanding shares - to the majority shareholder, U Television Sdn. Bhd. (UTV).

NTT DoCoMo Inc. (NYSE: DCM)

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