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Internet Edition. May 22, 2008, Updated: Bangladesh Time 12:00 AM |
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DoCoMo to buy Aktel shares Reuters, Tokyo NTT DoCoMo Inc, Japan's biggest mobile phone operator, plans to buy a 30 percent stake in Aktel, Bangladesh's third-biggest cell phone company, for about 40 billion yen ($386 million), sources familiar with the matter said. Aktel is 70 percent owned by Telekom Malaysia International and 30 percent owned by Bangladeshi firm AK Khan & Co. DoCoMo is in the final stages of talks to buy the 30 percent stake owned by AK Khan & Co and plans to work with Telecom Malaysia in operating Aktel, three sources familiar with the matter told Reuters. The sources said a final decision on the stake sale could come as early as this month.
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