ROW International News Briefs

DoCoMo to sell stake in AT&T
Japanese wireless operator NTT DoCoMo is selling its 16% stake in AT&T Wireless to Cingular, following the latter’s acquisition of AT&T Wireless. DoCoMo entered the American wireless industry three years ago when it purchased the 16% interest for US$10 billion. Analysts speculate that DoCoMo will be able to sell its stake for approximately US$7 billion, losing nearly US$3 billion of its original investment.

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ROW People

Ron Crawford, a consultant with RCC Consulting, has registered as a lobbyist for ITS Electronics, a maker of millimeter wave radios and power amplifiers. Crawford will work to secure funding from Technology Partnerships Canada for the firm.

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ROW Short Takes

Canada’s national wireless operators experienced healthy subscriber additions in the fourth quarter and fiscal year ended Dec. 31, 2003. While the chart above clearly demonstrates that Bell Mobility captured the lion’s share of net additions, Telus Mobility and Rogers Wireless Inc. posted substantial gains. Microcell Telecommunications Inc. also experienced a significant jump in subscribers throughout the year, but its Q4 net additions were higher than total 2004 net additions.

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