NTT DoCoMo to Establish Investment Subsidiary in California

May 10, 2005

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NTT DoCoMo has announced that it will establish a wholly owned subsidiary, DoCoMo Capital, in California that will invest in venture companies that develop advanced mobile communications technologies. Through these investments, DoCoMo intends to reduce time and costs for R&D and expand its opportunities for developing mobile services and technologies. The new company is scheduled to begin operation in July.