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Wireless

Mitsubishi, NTT complete acquisition of 30% stake in Here

Tuesday 2 June 2020 | 19:10 CET | News
Mitsubishi and Nippon Telegraph and Telephone Corporation (NTT) have completed the acquisition of a 30 percent stake in Here, through a holding company which MC and NTT newly established in the Netherlands in December 2019. Back in December 2019, MC and NTT agreed to create a business alliance to power industrial value chains and create new value through digital transformation, and are continuing to study the specifics. MC and NTT plan to use the technological foundation of Here to promote the development of location services in logistics, urban transportation, retail, finance and other

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Categories: Mobile & Wireless
Companies: Mitsubishi / NTT
Countries: Japan / World
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