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Article: Ireland: NTT DoCoMo invests in Irish maritime service.
- Article from:
- TendersInfo
- Article date:
- September 12, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: sanjayc03
Japans top mobile operator NTT DoCoMo Inc. said Thursday it was buying part of an Irish company focused on communications at sea, as it increasingly looks abroad to expand and find a competitive edge.
NTT DoCoMo said it would acquire an 11.5 percent stake in Irelands Blue Ocean Wireless for $10 million.
The Irish firms shareholders already include the Philippine Long Distance Telephone Company, which is affiliated with NTT DoCoMo.
Blue Ocean Wireless operates base stations and other infrastructure that allows people on merchant ships make telephone calls and send text messages while on the high seas.
The ...