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NTT DoCoMo BID FOR VoiceStream.


NTT DoCoMo (NTT Mobile Communications Network, Inc., Japan) Founded in 1991, NTT DoCoMo is a spinoff of Japan's NTT (Nippon Telegraph and Telephone Corporation) which provides wireless services, including cellular, paging, satellite and maritime and in-flight telephone services.  is considering a bid for 49 percent of VoiceStream Wireless at $52 billion in partnership with Hong Kong's Hutchison Whampoa Hutchison Whampoa Limited or HWL (Traditional Chinese: 和記黃埔有限公司, HKSE: 0013  Ltd. The bid at $200 per share is designed to preempt pre·empt or pre-empt  
v. pre·empt·ed, pre·empt·ing, pre·empts

v.tr.
1. To appropriate, seize, or take for oneself before others. See Synonyms at appropriate.

2.
a.
 Deutsche Telecom AG's $180 per share bid.

The alliance bid would give the Asian partners, already a presence in Europe, access to the burgeoning US wireless market.
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Title Annotation:Company Business and Marketing
Comment:NTT DoCoMo BID FOR VoiceStream.(Company Business and Marketing)
Publication:EDP Weekly's IT Monitor
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 17, 2000
Words:60
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