NTT DoCoMo trades in New York, London

NTT DoCoMo today announced it has begun trading on the New York Stock Exchange under the ticker symbol DCM. Trading of the company’s ordinary shares also began on the London Stock Exchange under the ticker symbol NDCM.

By being listed in both New York and London, the carrier hopes to expand investment opportunities to a wider investor base and secure greater financing options to sustain its global expansion plans. DoCoMo believes having an enhanced worldwide profile further will support the development of global markets for its mobile multimedia services, said Dr. Keiji Tachikawa, president and CEO of NTT DoCoMo during a conference call.

“We have achieved many great things around the world, but today we embark on having our American subsidiary on the New York Stock Exchange. Today, we now are listed on three of the world’s most important public exchange: Tokyo, London and New York,” Tachikawa said.

DoCoMo, which has a 16% equity investment in AT&T Wireless, expects to launch i-mode mobile Internet and third-generation services in the U.S. in the “near future,” Tachikawa said.