Feeds

NTT DoCoMo flees 3 UK

Sells out

  • alert
  • submit to reddit

Security for virtualized datacentres

NTT DoComo is offloading its 20 per cent share of 3 UK to majority owner Hutchison Wampoa for £120m ($218m).

Hutchison is buying the stake with shares in Hutchison Telecommunications International, its Hong Kong mobile telecoms operator. But first it has to list HTIL - failure to do so means that DoCoMo can claim cash.

Hutchison will regret losing DoCoMo - the company has been selling off what it now dubs non-core assets - to fund its 3G telco services. A cash-rich partner such as DoComo, Japan's biggest mobile operator, would have been useful. Now it also has to pay back £200m lent it by DoCoMo last year.

However, it did not help its cause: DoCoMo has a fetishistic attachment to its i-mode data service and it was irked by 3's refusal to adopt i-mode as a content platform. ®

Intelligent flash storage arrays

More from The Register

next story
FCC, Google cast eye over millimetre wireless
The smaller the wave, the bigger 5G's chances of success
It's even GRIMMER up North after MEGA SKY BROADBAND OUTAGE
By 'eck! Eccles cake production thrown into jeopardy
Mobile coverage on trains really is pants
You thought it was just *insert your provider here*, but now we have numbers
Don't mess with Texas ('cos it's getting Google Fiber and you're not)
A bit late, but company says 1Gbps Austin network almost ready to compete with AT&T
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.