Technology News
English Edition

Mobile carrier NTT DoCoMo buys Tower Records Japan

By Agence France-Presse | Updated: 11 June 2012 15:49 IST
Mobile carrier NTT DoCoMo buys Tower Records Japan
Click Here to Add Gadgets360 As A Trusted Source As A Preferred Source On Google
Advertisement
Japan's top mobile carrier NTT DoCoMo said Monday it will make Tower Records Japan a subsidiary to enhance its online sales of CDs and DVDs.

DoCoMo, which already holds 42.1 percent of the music store chain, will increase its stake to 50.3 percent by mid-July for an undisclosed price.

"By establishing Tower Records Japan as a subsidiary, NTT DoCoMo expects to capitalise on the envisioned growth of e-commerce triggered by the proliferation of smartphones and tablets," the mobile firm said in a statement.

Tower Records operates 89 stores in Japan, in addition to an online music shop.

Comments

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Docomo, NTT Docomo, Tower Records
Delhi bloggers meet offline to discuss issues, gadgets
Intex launches new touchscreen feature phone for Rs. 2,190

Related Stories

Mobile carrier NTT DoCoMo buys Tower Records Japan
Comment
Facebook Gadgets360 Twitter Share Tweet Snapchat LinkedIn Reddit Comment google-newsGoogle News

Advertisement

Featured
Follow Us
Latest Videos
More Videos
Tech News in Hindi
More Technology News in Hindi

Advertisement

Popular on Gadgets
Latest Gadgets
Popular Mobile Brands
#Trending Stories
  1. Gemini 3 AI Model Will Be Released Soon, Says Google CEO Sundar Pichai
  2. Vivo X300 Series With 200-Megapixel Zeiss Camera Launched Globally
  3. Top OTT Releases of the Week: Kantara Chapter 1, Lokah Chapter 1, Idli Kadai, and More
  4. Samsung Galaxy S26 Series Teased to Launch With These Notable Upgrades
  5. Instagram Lets Some Users 'Tune' Their Reels Algorithm
#Latest Stories
  1. Scientists May Have Finally Solved the Sun’s Mysteriously Hot Atmosphere Puzzle
  2. Vivo X300 Series Launched Globally With 200-Megapixel Zeiss Camera, Up to 6.78-Inch Display: Price, Features
  3. Canva Introduces Revamped Video Editor, New AI Tools and a Marketing Platform
  4. Thode Door Thode Paas OTT Release Date: Know When and Where to Watch it Online
  5. Blackmail Now Streaming Online: Know Where to Watch This Tamil Crime Thriller Movie
  6. Eva Husson’s Playdate OTT Release Date: When and Where to Watch it Online?
  7. Raj Tarun's Chiranjeeva OTT Release Date: When and Where to Watch it Online?
  8. Bitchat Becomes Jamaica’s Go-to App as Hurricane Melissa Cripples Communication
  9. Google Maps Is Reportedly Developing a New Power Saving Mode for Navigation
  10. Take-Two CEO Says AI Won't Be 'Very Good' at Making a Game Like Grand Theft Auto
Gadgets 360 is available in
Follow Us
Download Our Apps
App Store App Store
Available in Hindi
App Store
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.
Trending Products »
Latest Tech News »