Rival firms rally to challenge NTT’s $40bn buyout of DoCoMo

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At the end of September, it was announced that Japanese telco NTT was set to buyout NTT DoCoMo, the mobile unit in which it already owns 66% equity. The deal is set to be for a record-breaking $40 billion, with Japan’s three major banks set to coordinate loans amounting to almost $37…

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