CONNECT WITH US:
Sep 07, 2023 16:28 JST
NTT DOCOMO to Launch Public Tender Offer for Common Stock of INTAGE HOLDINGS, Aiming to Conclude Capital and Business Alliance
TOKYO, Sep 07, 2023 - (JCN Newswire) - NTT DOCOMO, INC. (DOCOMO) announced that it has decided to conduct a public tender offer for the common shares issued by marketing support company INTAGE HOLDINGS, Inc. (INTAGE HD) and to conclude a capital and business alliance with them, both actions having been approved by the board of INTAGE HD. This will make INTAGE HD a subsidiary company of DOCOMO, with DOCOMO aiming to expand its marketing solutions business as a result.
The public tender offer period will last from September 7 to October 16 and is contingent upon DOCOMO acquiring a minimum of 15,389,700 of INTAGE HD's shares (an ownership ratio of 40.0%) and not more than 19,621,900 shares (an ownership ratio of 51.0%).
At a meeting held today, the board of directors of INTAGE HD resolved to express support for DOCOMO's public tender offer. They ruled in favor of the alliance, and agreed that the decision whether or not to accept the offer should be left to the company's shareholders.
If DOCOMO successfully incorporates INTAGE HD through this public tender offer, the company will combine its extensive membership base of approximately 96 million,(1) the largest in the Japanese market, with INTAGE HD's expertise in data handling, aiming to enhance the value of this data through improved data collection, aggregation, analysis, visualization, and data mastering. DOCOMO and INTAGE HD will work closely with a variety of companies, including manufacturers, retailers and service providers, helping to make their marketing more consumer-centric and thereby enriching the lives of consumers.
Through this initiative, the two companies aim to provide a comprehensive consumer-driven marketing solution that will utilize DOCOMO's membership data for a wide range of corporate customers. They will offer them a range of services from research, communication and sales promotion to solutions that help drive repeat business, leveraging ID-based and streamlined end-to-end marketing strategies.
DOCOMO and INTAGE HD will work together to become leaders in the field of marketing solutions, and by promoting the more efficient use of data, they will work to address a range of social issues and contribute to the evolution of society.
(1) Number of d POINT CLUB members as of June 2023.
About NTT DOCOMO
NTT DOCOMO, Japan's leading mobile operator with over 86 million subscriptions, is one of the world's foremost contributors to 3G, 4G and 5G mobile network technologies. Beyond core communications services, DOCOMO is challenging new frontiers in collaboration with a growing number of entities, creating exciting and convenient value-added services that change the way people live and work. Under a medium-term plan toward 2020 and beyond, DOCOMO is pioneering a leading-edge 5G network to facilitate innovative services that will amaze and inspire customers beyond their expectations.
For more information, visit www.docomo.ne.jp/english/info/media_center/pr/2023/0906_00.html.
Source: NTT DOCOMO
Sectors: Telecoms, 5G, Daily Finance, Wireless, Apps
Copyright ©2023 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Related Press Release
OREX Announces OREX Open RAN Service Lineup
September 27 2023 13:33 JST
DOCOMO to Transfer Ownership of 1,552 Telecommunication Towers to JTOWER to Promote Infrastructure Sharing
September 27 2023 09:03 JST
DOCOMO Accelerates web3 Business through its subsidiary, "NTT Digital"
July 11 2023 15:38 JST
NTT DOCOMO group to release trial AI system for monitoring river and reservoir water levels
June 30 2023 10:27 JST
KT, NTT DOCOMO, Fujitsu, SOLiD, Keysight and ETRI Successfully Conducted Multi-vendor Interoperability Tests Using Virtualized Open RAN and Demonstrated at Global O-RAN PlugFest Spring 2023
June 15 2023 08:12 JST
NTT DOCOMO Announces New Management Team
May 12 2023 12:37 JST
DOCOMO's AI system optimizes micromobility management, including vehicle reallocation and battery replacement
April 24 2023 10:13 JST
NTT group and Hanshin Expressway jointly study the implementation of new traffic management using digital technology that contributes to the rectification of urban road traffic
April 21 2023 15:00 JST
DOCOMO Grants Standard Essential Patent License to Samsung
April 10 2023 17:09 JST
NTT to Donate Humanitarian Aid Toward the Southeast Turkey Earthquake Response
March 01 2023 15:47 JST
More Press release >>
Latest Press Release
ULVAC-PHI Launches Sales of Latest TOF-SIMS Instrument 'PHI nanoTOF 3+'
Oct 03, 2023 15:30 JST
Olympus Names Dr. John de Csepel as Chief Medical Officer
Oct 03, 2023 13:00 JST
Fujitsu and Atmonia discover a novel catalyst candidate for clean ammonia synthesis leveraging high-speed quantum chemical calculations
Oct 03, 2023 10:38 JST
CJPT strengthens efforts in Japan and Thailand to achieve carbon neutrality and solve logistics issues
Oct 02, 2023 18:58 JST
Mitsubishi Shipbuilding Delivers LNG Fuel Gas Supply System (FGSS) for LNG-fueled Car Carriers Built by Shin Kurushima Dockyard Co., Ltd.
Oct 02, 2023 18:41 JST
MHIEC Receives Order from Fukushima City to Rebuild Superannuated Waste-to-Energy Plant
Oct 02, 2023 17:59 JST
NEC Completes Patara-2 Submarine Cable System in Indonesia
Oct 02, 2023 15:08 JST
TOYOTA GAZOO Racing wins world title with Power Stage push
Oct 02, 2023 13:20 JST
Fujitsu Japan and Kanazawa Institute of Technology collaborate in local revitalization initiatives using digital technology
Oct 02, 2023 12:10 JST
PHOENIX HARMONIA, A Very Large LPG/Ammonia Carrier Constructed by Namura Shipbuilding, Enters into Service
Sep 29, 2023 17:11 JST
Stylish, Sporty, Spacious and All-Electric: Honda Prologue SUV Available Early Next Year with Anticipated EPA Range Rating of 300 Miles
Sep 29, 2023 14:31 JST
MHI Thermal Systems Scores Highly Again with Air-Conditioners for Australia and New Zealand Markets
Sep 29, 2023 11:51 JST
World's Best Honda Motorcycle Technician to be Determined at Inaugural Honda Global Motorcycle Technician Contest
Sep 29, 2023 11:05 JST
Eisai Launches New "Innovation" Page on Corporate Website
Sep 28, 2023 17:05 JST
Tokio Marine Nichido and Eisai Co-Develop Industry's First "Dementia Care Support Insurance"
Sep 28, 2023 14:49 JST
NEC sets record for 800 Gbps long-distance transmission over an optical submarine cable system
Sep 28, 2023 13:56 JST
JCB launches a special offer program in Hokkaido for inbound tourist to Japan
Sep 28, 2023 13:00 JST
OREX Announces OREX Open RAN Service Lineup
Sep 27, 2023 14:33 JST
Toyota and Woven by Toyota to Strengthen Ties Toward Accelerating Software Implementation
Sep 27, 2023 13:11 JST
Fujitsu delivers O-RAN ALLIANCE-compliant 5G virtualized RAN solution for NTT DOCOMO's 5G commercial network services
Sep 27, 2023 10:32 JST
More Latest Release >>