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DoCoMo to glance investment in Vietnam content company
24 June 2011: NTT DoCoMo, Japan's mobile carrier is looking to invest in a Vietnamese content provider.
The company holds 26 percent share at India's Tata Teleservices, will likely struggle for some time to make a profit, though he expected the number of contracts to rise by more than 20 million in FY 2011 from nearly 90 million at the end of March 2011.Faced with limited growth in the domestic market due to Japan's ageing population, DoCoMo is to seek investment opportunities in other parts of Asia, but government regulation and market saturation are clouding its prospects.
Source: Economic times