NTT DOCOMO, Agrees To Purchase Additioanl Shares Of Philippine Long Distance Telephone Company (PLDT)

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DOCOMO, PLDT http://snapvoip.blogspot.com/

NTT Docomo is investing additional shares of PLDT worth about $263 million to maintain it’s stake of 20% of the Philippine Long Distance Telephone Company (PLDT). PLDT’s planned acquisition of a majority stake in Digital Telecommunications Philippines Inc. via a share swap have affected this decision.

The press release;

TOKYO, JAPAN ?- NTT…

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