| NTT Mobile Communications Network, Inc. (NTT DoCoMo; Keiji Tachikawa, President; headquarters: Minato-ku, Tokyo) and Telecom New Zealand Limited (Roderick Deane, Chief Executive Officer; headquarters: Wellington, New Zealand), New Zealand's leading telecommunications company, have agreed to promote mutual cooperation including development of third generation mobile communications system (IMT-2000) and have signed a Memorandum of Understanding (MoU) to that effect.
This MoU is regarded as a first step toward mutual collaboration on mobile communications systems. |
| IMT-2000 | : | International Mobile Telecommunications - 2000 |
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Attachment
Overview of Telecom New Zealand Limited.
| 1. Company name | : | Telecom New Zealand Limited |
| 2. Headquarters | : | Wellington, New Zealand |
| 3. CEO | : | Roderick Deane |
| 4. Main Shareholder | : | Bell Atlantic (24.9%) |
| 5. Establishment | : | 1987 |
| 6. No. of Employees | : | 8,136 (as of March 31, 1998) |
| 7. Sales (1998) | : | 3,398 million NZ$ |
| 8. Net Income (1998) | : | 820.3 million NZ$ |
| 9. No. of Subscribers | : | Fixed: 1,840,000 (as of March 31, 1998) Mobile: 476,000 (as of March 31, 1998) |
