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Telecommunication

NTT to take over Docomo, aiming to accelerate research on 6G tech

KDDI and SoftBank slide as Japan's biggest carrier responds to pressure from new PM

NTT announced on Sept. 29 that it will take telecommunications unit NTT Docomo private in a 4.25 trillion yen ($40.1 billion) takeover bid. (Photo by Nikkei)
WATARU SUZUKI and NANA SHIBATA, Nikkei staff writers | Japan

TOKYO -- Nippon Telegraph & Telephone announced on Tuesday that it will take telecommunications unit NTT Docomo private in a 4.25 trillion yen ($40.1 billion) takeover bid, raising expectations of a fresh rate war in Japan's mobile phone industry.

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