NTT Docomo has reached an agreement with NextWave Wireless to acquire the remaining 65 per cent equity interest in PacketVideo, a subsidiary of NextWave Wireless, for $111.6 million, turning PacketVideo into a wholly owned subsidiary of NTT Docomo.

Docomo acquired a 35-per cent stake in PacketVideo from NextWave in July 2009. Docomo aims to create synergies with PacketVideo for enhanced media services, including the creation of an all-new domain of services that allow users to easily link their mobile handsets with home electronic devices to remotely enjoy and share content.

Other posts by :

1. Bank has mixed messages for AST SpaceMobile
2. EchoStar clears key regulatory hurdles for Starlink deal
3. Starlinks falling to Earth every day
4. 650 Starlink D2C craft in orbit
5. Bank upgrades SES to ‘Buy’
6. Eutelsat shareholders reach agreement at AGM
7. Ghana makes MultiChoice fee decision
8. SES announces €0.25c dividend
9. Russia “blinding and destroying” German satellites

Categories: Broadband, Equipment