Japanese NT DoCoMo writes off 3G assets

Japanese mobile operator NTT DoCoMo has announced that it is to write off a significant proportion of its foreign 3G assets following losses incurred on them.

The total amount to be written off is valued at YEN573bn (€4.72bn), a combination of losses incurred from the devaluation of the value of its stake in AT&T Wireless, Dutch KPN Mobile and Hutchinson Whampoa.