TOKYO, March 26 (Reuters) - Japan's NEC Corp will sell its mobile services subsidiary NEC Mobiling Ltd for 70 to 80 billion yen ($742 million - $848 million), sources said on Tuesday, as the company sheds non-core assets after two years of losses. Marubeni Corp's telecommunications unit and TD Mobile are vying for the 51 percent stake NEC Corp is putting up for sale, and a buyer may be picked as early as next week, the industry and financial sources told Reuters. ...
To access this content simply register below now.
Registering is easy and allows you to:
- Access all WardsAuto.com public content and newswire stories
- Participate in forums
- Comment on articles
- Sign up for e-newsletters
And much more!