NTT DoCoMo to Invest in Mobile Payment Business in China.Tokyo, Japan, Dec 12, 2005 - (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) ) - 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. , Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 9437) announced today that it will acquire a stake in JUST IN MOBILE INTERNATIONAL COMPANY LIMITED (JMI JMI Java Metadata Interface (Sun Microsystems) JMI Japan Market Intelligence JMI James Madison Institute JMI Jim Moran Institute for Global Entrepreneurship (Florida State University) ), for US $6 million. JMI is the holding company of Chinese mobile payment service provider, Just In Mobile. The transaction will take place in January 2006. DoCoMo aims through the investment to boost the services of Just In Mobile in China by providing the know-how that DoCoMo has acquired through its settlement service using mobile phones in Japan. Copyright [c] 2005 Japan Corporate News Network. All rights reserved. |
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