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Article: Report: NTT DoCoMo to Delay IPO
- Article from:
- AP Online
- Article date:
- August 9, 2001
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AP Online
08-09-2001
Report: NTT DoCoMo to Delay IPO
TOKYO (AP) -- NTT DoCoMo Inc., Japan's largest mobile phone operator, has decided to postpone initial public offerings next month in New York and London amid global sluggishness in information technology stocks, a Japanese newspaper reported Friday.
NTT DoCoMo initially planned to list on the New York Stock Exchange and the London Stock Exchange in September, the Nihon Keizai financial daily said.
Citing company sources it did not identify, the newspaper said NTT DoCoMo will again consider the listings in about a year if stock prices rebound.
NTT DoCoMo released a statement saying it was still considering overseas listings, adding, ...