Docomo

Japanese telecom giant Nippon Telegraph & Telephone (NTT) announced plans on buying the mobile phone carrier NTT Docomo for $40 Million (USD) on September 29. The company which currently owns 66 percent of the share further plans to buy the remaining 34 percent for acquiring a cent percent stake. Earlier, Japan PM Yoshihide Suga requested to reduce the price of wireless carriers to stimulate consumer spending elsewhere in the economy.