Article in Time Asia today. FEBRUARY 25, 2002 VOL.159 NO.7
http://www.time.com/time/asia/biz/magazine/0,9754,203604,00.html
"Deflating DoCoMo"
Looks like DoCoMo's honeymoon with the press may be heading for a Narita
divorce.
"...DoCoMo no longer sparkles as one of the few diamonds in Japan's rough
economy"
The soundings come pre-launch of imode in April and end FY01. One expects a
repeat of the $2billion write-down that they were reluctantly forced to
admit
on KPN. March 31st may seem similar announcements for AT&T.
Time is one of the few pubs that shape the "mainstream" (remember not so
long
ago Matsunaga was beaming on the front page). DoCoMo's recent bond issue
(http://www.appelsiini.net/keitai-l/archives/2002-02/0182.html) and
future float on FTSE/NYSE relies on positive PR.
It's all exciting stuff though as the drama escalates ...
"DoCoMo is our flag bearer. If the company takes its time getting into the
global arena, we will lose our lead to American or other foreign companies.
Without that kind of commitment from Japanese companies, our economy will
never recover."
GB
Received on Tue Feb 19 11:07:37 2002