July 7, 2010
Japan’s DOCOMO is the equivalent of PTCL in Pakistan. Back in 90s they started facing more competition after regulations changed in Japan. They have been looking abroad to extend their business. Political issues notwithstanding, this could be a good deal for both Japan and Pakistan. As reported by The News:
Japan’s largest mobile telecom company, NTT-DOCOMO, has expressed its interest to invest in Pakistan and to enter into a joint-venture with a local mobile operator, a senior official said on Friday.
Iftikhar Babar, Economic Minister in Pakistan Embassy in Tokyo told The News after his visit to NTT-DOCOMO head office that Japan’s premier provider of leading-edge mobile voice data and multimedia service company with more than 56 million customers in Japan is one of the world’s largest mobile phone operators.
The company with a market share of 50 percent is a subsidiary of government of Japan. The capital of the company stood at 949 billion yen and operating revenues stood at four trillion yen, he said. During 2009, the company earned an income of 840 billion yen.
The company had invested $2.6 billion in India and is engaged in joint venture with Tata Teleservices Limited.
It has also invested $400 million in a Bangladeshi mobile company recently following its intention to expand its business in developing countries.
During a briefing to company executives recently, Babar gave a detailed presentation on the growth potential of Pakistan telecom industry.
The company executives were also informed about the incentives package, concessions and facilities being offered to the foreign investors, the statement said, adding that the Japanese officials expressed their interest to start a joint venture with a mobile operator in Pakistan.
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