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Japan's NTT DoCoMo has confirmed long running speculation that it plans to buy 16 per cent of AT&T Wireless Group for $9.9bn.
Published: 30 November 2000 11:00 GMT
The Japanese telco that has the highest market value of any telecom firm worldwide, will use the share to gain a strong presence in the US market and roll out global services.
NTT also announced it has taken a 20 per cent stake in Taiwan's third largest mobile carrier KG Telecom for $537.8m.
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