Friday, 13 May 2011

DOCOMO Agrees to Purchase Additional Shares in PLDT

DOCOMO Agrees to Purchase Additional Shares in PLDT

NTT DOCOMO, INC. announced today that it has signed an option agreement with JG Summit Holdings, Inc. (JG SUMMIT) to trade about 2% of the total issued and outstanding shares of Philippine Long Distance Telephone Company (PLDT), worth an estimated about 263 million U.S. dollars or about 21.6 billion Japanese yen as of April 28, 2011.

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