DoCoMo to sell stake in Malaysian U Mobile

In 2008, DoCoMo and South Korea's KT Freetel Co each took a 16.5 percent stake in U Mobile, for a combined 33 percent interest.

U Mobile entered the Malaysian cell phone market in spring 2008, providing 3G services to customers with technological assistance from DoCoMo and others. But, it has been unable to take market share away from larger service providers in the country and currently has a share of less than 1 percent, the Nikkei said.

DoCoMo will walk away from the tie-up with U Mobile due to a difference of opinion, according to a senior DoCoMo executive and KT Freetel is slated to follow suit, the newspaper reported.
DoCoMo to sell stake in Malaysian U Mobile

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