DoCoMo Rises on Speculation Carrier to Release Apple IPhone
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NTT DoCoMo Inc. rose in Tokyo trading, while rivals KDDI Corp. and SoftBank Corp. fell, after a media report suggested Japan’s largest mobile carrier may start selling Apple Inc.’s iPhone.
Chief Financial Officer Kazuto Tsubouchi said there are compelling reasons for Apple and his company to reach an agreement, according to an interview published in SankeiBiz. For Apple, it doesn’t make business sense not to allow Japan’s largest wireless carrier to sell the iPhone, while DoCoMo wants to be able to sell most popular handsets, Sankei said.