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| Friday, 29 March 2019, 18:25 HKT/SGT | |
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Source: NTT DOCOMO | |
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TOKYO, Mar 29, 2019 - (JCN Newswire) - NTT DOCOMO, INC. and Hutchison Telecommunications Hong Kong Holdings Limited (HTHKH) announced today that DOCOMO will sell its stake in Hutchison Telephone Company Limited (HTCL), a mobile network operator in Hong Kong and Macau, and Hutchison 3G HK Holdings Limited (H3GHK) to HTHKH, the major shareholder of HTCL and H3GHK, for 60 million US dollars.
HTHKH will purchase DOCOMO's entire 24.1% share of HTCL's stock and thereafter HTCL will become a wholly owned subsidiary of HTHKH. The contract was signed today and the actual transfer of shares will take place in May 2019.
Contact:
NTT DOCOMO
International PR
Public Relations Department
Tel: +81-3-5156-1366
Fax: +81-3-5501-3408
Topic: Press release summary
Source: NTT DOCOMO
Sectors: Telecoms, 5G, Wireless, Apps
http://www.acnnewswire.com
From the Asia Corporate News Network
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