Mizuho Bank, UC Card, NTT DoCoMo Sign Comprehensive Agreement.Tokyo, Japan, Mar 8, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - NTT DoCoMo, Inc., UC Card Co., Ltd. and Mizuho Bank, Ltd. today announced a comprehensive agreement which includes joint promotion of DoCoMo's iD(TM) brand card business. Under the agreement, Mizuho Bank will transfer its stake in UC Card (approximately 18% of UC Card's outstanding shares) to DoCoMo for about 1 billion yen in the middle of March 2006. In addition, UC Card will work to expand acceptance of the iD brand at its network of participating stores nationwide. In collaboration with DoCoMo, Mizuho Bank will upgrade the function of Mizuho Mileage Club (MMC See MultiMediaCard and Microsoft Management Console. ) Card, an ATM card with credit card functions issued by Credit Saison. MMC members will be provided with the latest method of credit card payment via iD service through their mobile phones. Going forward, the three companies will consider various ways to enhance the collaboration: - Mizuho and DoCoMo collaborating at each other's place of business - Installing iD-compatible readers on Mizuho ATMs - DoCoMo and Mizuho Bank cooperating with each other's membership programs - Developing settlement services for mobile phones - Developing mobile banking services for Mizuho Bank's high-end customers - DoCoMo and UC Card working together to develop new businesses 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(R), which provides e-mail and Internet access to over 44 million subscribers as the world's most popular mobile Internet service, and FOMA See i-Mode. (R), launched in 2001 as the world's first 3G mobile service based on W-CDMA See WCDMA. . In addition to wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. in Europe and North America, the company is expanding its global reach through strategic alliances with mobile and multimedia service providers in Asia-Pacific and Europe. NTT DoCoMo is listed on the Tokyo (9437), London (NDCM), and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of (DCM DCM abbr. Distinguished Conduct Medal ) stock exchanges. For more information, visit www.nttdocomo.com. Source: NTT DoCoMo Contact: NTT DoCoMo, Inc. Eijun Tanaka Assistan Manager, International Public Relations Group E-mail: tanakae@nttdocomo.co.jp Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion