Word: docomo
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...just launched pilot 3G (for third-generation) networks in England and Italy, and has aggressive plans to initiate similar services in seven other markets across the globe over the next several years. Even allies have doubts about the strategy. Hutchison's partners in the United Kingdom?Japan's NTT DoCoMo and the Netherlands' KPN Mobile?have written down the values of their portions of the business by 80% and 86%, respectively...
...engine, maybe it should be marketed as a "sport cute." Continental Drift Six Continents moved away from its roots as a British brewer, splitting its pubs from its hotels group. Shareholders will get $1.1 billion cash back, plus stock in the new companies. A Whole Lot Of Nothing NTT DoCoMo will write down its foreign investments by $4.7 billion, including $878 million in KPN, valuing its 15% stake in the Dutch mobile company at zero. spanish gales Spain's second-largest power utility, Iberdrola, agreed to pay €1 billion over four years for the wind farms owned by Gamesa...
What is it about the wireless Internet that brings out the worst in otherwise advanced economies? First there were the Internet phones in Europe that used wireless access protocol, or WAP. They flopped spectacularly. Then the spotlight turned to Japanese mobile operator DoCoMo's wireless Internet service, i-mode. DoCoMo dazzled at first, but average usage and revenue per subscriber are falling in Japan, as in Europe. The U.S. can barely deliver reliable voice service, much less wireless Internet, which would seem destined to be another techno-dud service...
...Cisco systems has helped put hot spots in A&W Restaurants, shopping plazas and at the city's convention center. In Japan, NTT Communications has announced it intends to sprinkle Wi-Fi base stations around the country?a move that observers say could pickpocket revenue from sister company NTT DoCoMo's pioneering 3G network...
...riding on DoCoMo's global ambitions. "Our mobile-phone technology is ahead of the rest of the world?for now," says Hiroyuki Arai, a member of Japan's Diet and director of the parliament's telecom policymaking committee. "DoCoMo is our flag bearer. If the company takes its time getting into the global arena, we will lose our lead to American or other foreign companies. Without that kind of commitment from Japanese companies, our economy will never recover." That's drama a mere television show will be hard-pressed to match...