FCC Approves Guam Cellular Acquisition
14th Nov 2006, 21:11 GMT
DoCoMo announced today that it has received approval from the U.S. regulatory authority, the Federal Communications Commission (FCC), for the company's 100% acquisition of Guam Cellular. The agreement was concluded on March 20, 2006 in the amount of $71,800,000. Under the terms of the deal, DoCoMo will complete the 100% acquisition of Guam Cellular through its established holding company, after which it will acquire the business of Guam Wireless through Guam Cellular and merge the two companies.
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