Articles tagged with: Docomo and U Mobile

DoCoMo Sells Stake in Malaysian 3G Operator

­Japan's NTT docomo announced today that it will sell its shareholding in U Mobile, a Malaysian 3G mobile operator, for US$100 million - the same amount docomo originally invested for the shares.  more

Related Tags: kt-freetel, Malaysia

KT Freetel Sells Stake in Malaysian Subsidiary

South Korea's KT Freetel is to sell its 16.5% stake in Malaysian mobile network operator, U Mobile for at least RM 360 million (US$100 million) to avoid losses on its investment. Bloomberg news reported that he company said in a regulatory filing that the sale of 62.6 million shares will go to U Mobile's major shareholder, U Television Sdn Bhd.  more

Related Tags: , tim, kt, kt-freetel, Malaysia