Japanese cellco NTT Docomo has repurchased 138,141 shares at an aggregate price of Y19.99bn (US$241m).
The shares were bought between 20 December 2010 and 26 January 2011 on the Tokyo Stock Exchange.
In a statement late last year, the company said it was…
Japanese cellco NTT Docomo has repurchased 138,141 shares at an aggregate price of Y19.99bn (US$241m).
The shares were bought between 20 December 2010 and 26 January 2011 on the Tokyo Stock Exchange.
In a statement late last year, the company said it was looking to buy back up to Y20bn worth of shares by 28 January 2011 in order to increase the flexibility of its capital structure.
Meanwhile, NTT Docomo is considering paying off Y158bn (US$1.88bn) of bonds as they mature by 31 March 2010, reports wrote in December.
Previous reports cited executive director Mutso Yamamoto saying that NTT DoCoMo was considering buying Indian operators with JV partner Tata Teleservices.
However, India’s regulatory framework would need to become more conducive to consolidation in order for the company to make headway in the country, Yamamoto reportedly said.
