NTT DOCOMO to Increase Investment in Germany’s net mobile AG
—Enhancement of net mobile’s payment platform in Europe through acquisition of Bankverein Werther—
Partnerships
TOKYO, JAPAN, September 22, 2011 --- NTT DOCOMO, INC. announced today that it plans to make an additional investment of up to 28.4 million euros, or about 3.1 billion yen*, in the leading German mobile and interactive service provider, net mobile AG, which it acquired in 2009 through its wholly-owned German subsidiary.
This additional investment will be used by net mobile mainly to acquire a controlling stake in Bankverein Werther, a private German bank with strong electronic commerce and payment services. Utilizing Bankverein Werther’s existing banking license and credit card licenses, as well as the bank’s main systems, net mobile will be able to greatly enhance its mobile payment platform. In addition to net mobile’s current operator-billing systems, such as premium SMS payments, after the acquisition it will offer direct debit and credit card payments and also develop various means of settlement.
*Calculated as 1 euro = 110.71 yen
Overview of Acquisition of Bankverein Werther AG
Expanding Service Portfolio of net-mobile
About NTT DOCOMO
NTT DOCOMO is a world-leading mobile operator and growing provider of comprehensive services centered on mobility. The company serves over 58 million 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. Please visit www.nttdocomo.com for more information.
Partnerships
TOKYO, JAPAN, September 22, 2011 --- NTT DOCOMO, INC. announced today that it plans to make an additional investment of up to 28.4 million euros, or about 3.1 billion yen*, in the leading German mobile and interactive service provider, net mobile AG, which it acquired in 2009 through its wholly-owned German subsidiary.
This additional investment will be used by net mobile mainly to acquire a controlling stake in Bankverein Werther, a private German bank with strong electronic commerce and payment services. Utilizing Bankverein Werther’s existing banking license and credit card licenses, as well as the bank’s main systems, net mobile will be able to greatly enhance its mobile payment platform. In addition to net mobile’s current operator-billing systems, such as premium SMS payments, after the acquisition it will offer direct debit and credit card payments and also develop various means of settlement.
*Calculated as 1 euro = 110.71 yen
Overview of Acquisition of Bankverein Werther AG
Expanding Service Portfolio of net-mobile
About NTT DOCOMO
NTT DOCOMO is a world-leading mobile operator and growing provider of comprehensive services centered on mobility. The company serves over 58 million 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. Please visit www.nttdocomo.com for more information.
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