NTT DoCoMo and AOL in Japanese alliance

AOL has sold 43.2 per cent of its Japanese subsidiary to mobile internet giant NTT DoCoMo for $100m.

By John Oates, 27 September 2000 11:50

NEWS The two companies will work to integrate their fixed-line and mobile services and to include AOL Instant Messaging on DoCoMo's iMode service. Dr Keiji Tachikawa, CEO of NTT DoCoMo, said in a statement: "America Online is the ideal partner with which to pursue our shared vision of seamlessly integrated internet services - fixed mobile convergence - across both fixed-line and wireless services." The deal leaves AOL with a 40.3 per cent holding in AOL Japan, the remaining 17.4 per cent is owned by Mitsui and Nikkei.

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