The Japanese mobile operator says it is looking at its overseas stock investments and may write off the billions it lost on AT&T Wireless of the United States and KPN Mobile of the Netherlands.
... [DoCoMo] will take a special charge of 1 trillion yen ($7.54 billion) on overseas investments. ... The firm's offshore investments in mobile operators include 16 percent of AT&T Wireless Services in the U.S., 15 percent of KPN Mobile in the Netherlands, 20 percent of Hutchison 3G U.K. and 21 percent of Taiwan's KG Telecommunications. ... DoCoMo President Keiji Tachikawa said a decision on a widely expected writedown of his company's $9.8 billion investment in AT&T Wireless Services Inc, by far its largest foreign holding, could come as early as Friday. ... the downturn in global telco valuations since April 2000 means the company's investments face heavy writedowns. ... The losses on past investments would not deter DoCoMo from continuing its expansion overseas ...

Are DoCoMo and NTT giving up hope on the US wireless market? ... Maybe they won't be interested in the wireline infrastructure when it comes up for sale.