NTT DoCoMo (DCM)

We maintain our Buy recommendation and the same valuation target for NTT DoCoMo (DCM - Analyst Report), the largest mobile service provider in Japan, ahead of first quarter of fiscal 2010 financial results. The company currently maintains a leading 50% share of the Japanese wireless market.

DCM upgraded 98% of its total coverage area with 3G HSDPA technologies and emerging 4G LTE networks are planned for deployment through 2010. DCM's decisions to focus on mobile content along with a renewed geographic expansion drive outside Japan are positive indicators.

Furthermore, the company is launching an innovative on-line money transfer service. We consider DCM as an attractive long-term investment opportunity.

NTT DoCoMo (DCM) : FULL ANALYST REPORT

Read the full analyst report on DCM