AOL, NTT DOCOMO FORM GLOBAL ALLIANCE

AOL, NTT DOCOMO FORM GLOBAL ALLIANCE
America Online and NTT DoCoMo have announced a $100-million deal that gives
DoCoMo a 42% stake in AOL Japan, and gives AOL access to DoCoMo's wildly
popular i-Mode technology. AOL Japan has been struggling to attract
subscribers -- a problem exacerbated by the comparatively low PC
penetration rate in Japan. "America Online has had great trouble making
progress here," says an industry analyst. "All the growth is in wireless."
The agreement gives both companies the opportunity to capitalize on
transferring AOL's content, as well as AOL-Mail and AOL Instant Messenger,
to the i-Mode format. (Wall Street Journal 27 Sep 2000)
http://interactive.wsj.com/articles/SB97004484259139386.htm 

Received on Wednesday, 27 September 2000 12:30:09 UTC