Leading Japanese operator NTT DoCoMo has signed a joint venture and share subscription agreement with ULTRA, a Slovenia-based technology company. Under this agreement, DoCoMo will acquire a 49 per cent equity stake in Telargo, ULTRA’s wholly owned US mobile assets management provider, for $28.6 million. The move is part of DoCoMo’s strategy to expand location-based fleet management services and follows its investment in a Thai fleet management service company last year.
