Mid-week deadline to comment on DOCOMO/MCV deal
The Federal Communications Commission set the deadline for comments as Japan's NTT DOCOMO recently announced its intentions to acquire MCV Guam Holding Corporation.
By KUAM Newsby Mindy Aguon
Guam - Wednesday is the deadline for those who oppose a major business deal in the local telecommunications industry. The Federal Communications Commission set the deadline for comments as Japan's NTT DOCOMO recently announced its intentions to acquire MCV Guam Holding Corporation. The transaction is currently pending FCC approval.
The move would expand the international corporation's local holdings to include presence in the digital cable market. Due to a non-disclosure agreement the parties signed, NTT DOCOMO could not disclose if the two companies would merge into a single entity, how much the deal is worth, and whether there would be any changes to the management structure for either company.
According to the FCC notice, NTT DOCOMO contends the proposed transaction will not result in competitive harm because the two companies provide distinct services that are subject to competition in Guam and the commonwealth of the Northern Mariana Islands.