DoCoMo likely to pick up stake in Philippines Co

摘要

NIT DoCoMo said it was in talks with Philippine Long Distance Telephone(PLDT)to buy a stake in the largest telecom firm in Philippines,in its latest expansion drive in Asia.Philippine President Gloria Macapagal Arroyo said PLDT's chairman had told her DoCoMo will invest 300 million in PLDT.It is true that we are in negotiations,a DoCoMo spokeperson said.But it is not clear whether these talks will go through,he added.