Japan's DoCoMo in talks to buy stake in Fuji TV; to offer TV on handsets

Starts 3rd October

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Japan's DoCoMo in talks to buy stake in Fuji TV; to offer TV on handsets

MUMBAI: World's second largest mobile phone operator NTT DoCoMo Inc is in talks with Japan's Fuji Television Network Inc. to buy a stake in it.

DoCoMo is also planning to offer television programmes on mobile handsets.

According to media reports, the talks between the two companies were aimed at cooperation in the mobile phone digital broadcasting.

According to a business daily in Japan, DoCoMo was likely to buy three per cent of Fuji Television for an estimated $170 million. The two companies are likely to make an announcement by the end of the month.

DoCoMo plan to offer handsets that can access terrestrial digital television broadcasts from April 2006 and is looking at ways to get revenue from the free mobile TV broadcasts with advertising and links to shopping websites.