NTT DoCoMo (DCM)
- On 1:00 am EDT, Tuesday October 27, 2009
We maintain an outperform rating for NTT DoCoMo (NYSE: DCM - News), the largest mobile service provider in Japan. The company currently maintains a leading 50% share of the Japanese wireless market.
DCM upgraded 98% of its total coverage area with 3G-HSDPA, while emerging 4G LTE networks are planned for deployment through 2010. DCM's decisions to focus on mobile content, along with a renewed geographic expansion drive outside Japan are positive indicators.
Furthermore, the company is launching an innovative online money transfer service. We consider DCM as an attractive long-term investment opportunity.
NTT DOCOMO -ADR (DCM): Free Stock Analysis Report
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