Thursday, September 5, 2013

Reuters: Global Markets: NTT DoCoMo shares outperform after sources say company to offer iPhone

Reuters: Global Markets
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NTT DoCoMo shares outperform after sources say company to offer iPhone
Sep 6th 2013, 00:14

TOKYO | Thu Sep 5, 2013 8:14pm EDT

TOKYO (Reuters) - Shares of NTT DoCoMo Inc (9437.T) climbed 3 percent to 164,400 yen on Friday morning after sources familiar with the matter said Japan's largest mobile carrier will begin selling Apple Inc's (AAPL.O) iPhone as early as this autumn.

The news weighed on shares of rival KDDI Corp (9433.T) and SoftBank Corp (9984.T), which offer iPhone, as they have been chipping away at DoCoMo's market share.

SoftBank lost 2.2 percent to 6,380 yen, while KDDI eased 0.6 percent to 4,875 yen.

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