TOKYO, JAPAN, February 28, 2007 ---
The reorganization will see the dissolution of three companies. One of the three companies to be dissolved is inter-touch (BVI) Limited, a wholly owned subsidiary of DoCoMo that functions as a holding company for providers of high-speed wired/wireless broadband connections and applications for business travelers in about 350 hotels in approximately 40 countries. The other two companies, also holding companies, are INTER-TOUCH (MIDDLE EAST) LIMITED and inter-touch Holdings (Singapore) Pte Ltd, both of which are wholly owned subsidiaries of inter-touch (BVI) Limited.
The plan, made in response to inter-touch group's rapid business growth, will streamline the inter-touch group's organizational structure and enhance operational efficiency. Customers of the inter-touch group will continue to receive high-quality internet access services at hotels worldwide via INTER-TOUCH PTE LTD.
- inter-touch (BVI) Limited
- Pasea Estate, Road Town, Tortola, British Virgin Islands
Representative: Charles George St John Reed
Business: Holding company of inter-touch group
Established: February 2001
Capital: US$48,860,567 as of December 31, 2006
Shares issued: 2,507,855 shares as of December 31, 2006
Fiscal year-end: December 31
Group employees: None as of December 31, 2006
Major business partner: None
Shareholder: NTT DoCoMo (100%)
- INTER-TOUCH (MIDDLE EAST) LIMITED
- Ansbacher House 2nd Fl., East & Shirley Streets North, P.O. Box N-9934, Nassau, Bahamas
Representative: Koichi Takahara
Business: Holding company of inter-touch operating companies
Established: December 2004
Capital: US$50,000 as of December 31, 2006
Shares issued: 50,000 shares as of December 31, 2006
Fiscal year-end: December 31
Group employees: None as of December 31, 2006
Major business partner: None
Shareholder: inter-touch (BVI) Limited (100%)
- inter-touch Holdings (Singapore) Pte Ltd
- 79 Anson Road, #10-03, Singapore, 079906
Representative: Koichi Takahara
Business: Holding company of inter-touch operating companies
Established: April 2001
Capital: 100 Singapore dollars as of December 31, 2006
Shares issued: 100 shares as of December 31, 2006
Fiscal year-end: December 31
Group employees: None as of December 31, 2006
Major business partner: None
Shareholder: inter-touch (BVI) Limited (100%)
- Schedule
- The dissolution of the holding companies and transformation of INTER-TOUCH PTE LTD into a wholly owned subsidiary are expected to be completed by December 2007.
- Impact on DoCoMo's Operating Results
- Since the dissolution of the holding companies will be under the structural changes to be undertaken within inter-touch group, there will be no significant impact on DoCoMo's forecast for consolidated and non-consolidated operating results for the fiscal year ending March 31, 2007.
- About NTT DoCoMo
NTT DoCoMo is the world's leading mobile communications company. DoCoMo serves more than 52 million customers, including 32 million people subscribing to FOMA™, launched as the world's first 3G mobile service based onW-CDMA in 2001. DoCoMo also offers a wide variety of leading-edge mobile multimedia services, includingi-mode™ , the world's most popular mobile e-mail/Internet service, used by more than 47 million people. With the addition of credit-card and other e-wallet functions, DoCoMo mobile phones have become highly versatile tools for daily life.NTT DoCoMo is listed on the Tokyo (9437), London (NDCM) and New York (DCM) stock exchanges. For more, visit www.docomo.ne.jp/english.
