For Japanese billionaire Masayoshi Son, who wants to build the world's largest mobile Internet company, criticism of his operations from regulators in his home market could not come at a worse time. The feisty entrepreneur is lobbying sceptical Washington officials to let him purchase a second U.S. mobile operator, saying he would help to break up a cozy U.S. wireless oligopoly.Son says he is an outsider who stirred up a price battle that benefited consumers after he took over Vodafone's failing Japanese operation eight years ago.So it must be galling to hear regulators in Tokyo chide his SoftBank Corp, along with NTT DoCoMo, Japan's mobile industry leader, and No.2 KDDI Corp, for lack of competition in the domestic smartphone market."You could say the mobile market is an oligopoly of the three big companies," Communications Minister Yoshitaka Shindo said at a regular news conference this month.
NTT DOCOMO, INC. is a Japan-base company mainly engaged in the mobile communication business. Shares of DCM fell by 0.78% or $-0.12/share to $15.29. In the past year, the shares have traded as low as $14.58 and as high as $16.86. On average, 247117 shares of DCM exchange hands on a given day and today's volume is recorded at 359410.
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