TOKYO, JAPAN, October 24, 2005 --- NTT DoCoMo, Inc. announced today it has transferred its interest in Dutch telecommunications company KPN Mobile N.V. (KPNM) to KPNM's corporate parent, Koninklijke KPN N.V. (KPN), while continuing the licensing of its i-mode® technology to KPNM.
Under the agreement, in connection with DoCoMo's transfer of its KPNM shares (approximately 2.16% of KPNM's outstanding shares), KPN has agreed to cooperate with DoCoMo in the smooth operation of the global i-mode alliance, through the use of KPN's i-mode-related patents and know how, for example, and has paid DoCoMo five million euros.
E-Plus Mobilfunk GmbH & Co. KG (E-Plus), KPNM's German subsidiary, has been providing i-mode service in Germany since March 2002. In November 2004, DoCoMo also concluded an agreement with British operator O2 plc (O2). Based on this agreement, O2's German subsidiary, O2 (Germany) GmbH & Co. OHG (O2 Germany), will launch a mobile data service under its own brand name in 2006. DoCoMo believes that the involvement of both E-Plus and O2 Germany in the German market will further contribute to the global development of DoCoMo's mobile data services.
As a result of this agreement with KPN, DoCoMo expects to record a gain of approximately 40 billion yen on its sale of investment securities and the related foreign currency translation. DoCoMo also expects to record approximately 14 billion yen, which it regards as the consideration for the benefit of this agreement, as an operating expense. Consolidated financial forecasts reflecting this agreement, among other things, will be announced in DoCoMo's first-half earnings report on October 28.
About NTT DoCoMo
NTT DoCoMo is the world's leading mobile communications company, serving more than 50 million customers. The company offers a wide variety of leading-edge mobile multimedia services, including i-mode®
which provides e-mail
and Internet access to over 45 million subscribers as the world's most popular mobile Internet service, and FOMA®, launched in 2001 as the world's first 3G mobile service based on W-CDMA.
In addition to wholly owned subsidiaries in Europe, North America
and Asia, the company is expanding its global reach through strategic alliances with mobile and multimedia service providers in Asia-Pacific
NTT DoCoMo is listed on the Tokyo (9437), London (NDCM) and New York (DCM) stock exchanges. For more information, visit www.docomo.ne.jp/english
i-mode and FOMA are trademarks or registered trademarks of NTT DoCoMo, Inc. in Japan and other countries.
NTT DoCoMo's FOMA service is only available to subscribers in Japan.