28 February 2013

NTT DOCOMO to Establish Subsidiary in Sáo Paulo, Brazil

Tokyo, Japan - 28 February 2013 - NTT DOCOMO, INC. will establish a wholly owned subsidiary in Brazil, DOCOMO Brasil Serviços de Telecomunicaçáo Ltda., on March 1. The company will provide mobile solutions for mainly Japanese corporate customers in Brazil and conduct research aimed at developing new business opportunities in Latin America.

DOCOMO Brasil Serviços de Telecomunicaçáo Ltda. will be located in Sáo Paulo, Brazil and will have a capital of 5.1 million BRL (about 2.55 million USD). It will be 100% owned by DOCOMO and will have 2 employees. 

NTT DOCOMO serves over 60 million mobile customers in Japan via advanced wireless networks, including a nationwide 3G network and one of the world’s first commercial LTE networks. Leveraging its unique capabilities as a mobile operator, DOCOMO is a leading developer of cutting-edge technologies for NFC mobile payments, mobile GPS, mobile TV, intuitive mobile assistance, environmental monitoring, smart grids and much more. Overseas, the company provides technical and operational expertise to eight mobile operators and other partner companies. NTT DOCOMO is listed on the Tokyo (9437), London (NDCM) and New York (DCM) stock exchanges. 

Source: NTT DOCOMO