NTT DoCoMo Inc. and three other companies that together owned almost 59 per cent of America Online Inc.'s Japanese unit have sold their stakes to the U.S. Internet service provider, they said Wednesday. Financial details of the agreement were not disclosed.
After establishing a significant footprint in northern Europe, the I-mode mobile Internet service pioneered by Japan's NTT DoCoMo Inc. is stepping southward into Spain and Italy.
Hong Kong and Denmark are taking the best advantage of current information and communication technologies, and have economies that are most advantageously positioned to benefit from future mobile Internet services, according to a recent study.
Mobile phone makers L.M. Ericsson Telephone Co., Motorola Inc. and Nokia Corp. Thursday announced the creation of Wireless Village, a project to set universal specifications for mobile instant messaging.
Spain is the next country in line to join Japan, Korea, Sweden and Finland as a pioneer of 3G (third-generation) telecommunications, according to Greg Tarr, chief investment officer of venture capital firm M-Werks Mobile Internet Fund.