The tender offer for NTT DoCoMo, of $40bn for the 34% of shares it does not already own, is Japan’s biggest ever
emerged as the likeliest to succeed Abe Shinzo as Japan’s prime minister, telecoms bosses in Tokyo let out a collective groan. As Mr Abe’s chief cabinet secretary, Mr Suga urged operators to cut prices by as much as 40%. “They are using our public airwaves, an asset of the people,” he said in 2018. “They should not be generating excessive profit.” Since replacing Mr Abe last month, Mr Suga has made competition in mobile services a signature issue.
have their own budget brands, and myriad “mobile virtual network operators”, which piggyback on existing infrastructure, have cropped up in recent years, offering cheaper services.
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