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SK Telecom, NTT DoCoMo stake talks stall

TOKYO—Talks between Korea’s SK Telecom and Japan’s NTT DoCoMo have stalled without signs of moving forward, according to international press reports. The talks have been ongoing for more than a y ear and would involve DoCoMo taking a stake in SK Telecom of about 14. 5 percent.

An agreement has not been reached because of a lack of consensus on a price, press reports said. In addition, NTT DoCoMo is reportedly concerned about SK Telecom’s wideband-CDMA (W-CDMA) rollout plans. SK Telecom has a W-CDMA license from the government, but has launched cdma2000 1x service, a rival technology.

NTT DoCoMo has invested in several carriers around the world, including KPN Mobile in the Netherlands and AT&T Wireless in the United States, based on their plans to roll out W-CDMA service. Japan and Korea will jointly host the World Cup series in 2002, and an agreement between the two carriers would benefit consumers traveling between the two countries.

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