TOKYO-Japanese mobile carrier NTT DoCoMo Inc. announced it has agreed to acquire 100 percent of inter-touch (BVI) Ltd. for $70 million.
Inter-touch is a Singapore-based holding company of Internet providers that supply high-speed broadband connections and applications for business travelers at hotels across Asia-Pacific and Europe.
Subscribe now to get the daily newsletter from RCR Wireless News
DoCoMo said the acquisition will enable it to offer more options for Internet connection to its customers while they are travelling abroad, because the inter-touch group companies offer wired and wireless local area network broadband services at 155 hotels in 28 countries worldwide.
Inter-touch has capital in the amount of US$15.6 million. The company was established in 1998 and employs about 120 people.
