DOCOMO to Launch Mobile Remittance Service


Banks continue to be challenged by disintermediation from telco’s and here is another example, this time in Japan.  The service will launch 21st July, and allow sending up to $200 with only the payee’s phone number being required. An interesting tweak is the ability to have the money deposited with DOCOMO under the guise of a credit to your account, however this is deposit taking by another name. DOCOMO to launch mobile payments service Customers of DOCOMO’s i-mode™ mobile Internet service on the FOMA™ 3G network will be able to remit up to 20,000 yen (about 208 U.S. dollars) per … Continue reading DOCOMO to Launch Mobile Remittance Service

Long Term Evolution (LTE) – next level for mobile


Just when we thought we were getting there with 3G here comes LTE in Japan, the next level. Its not clear what the individual phone download rate would be, but it will be fast. DoCoMo To Invest Y300-400bn In LTE Network Tuesday, June 9, 2009 NTT DoCoMo President Ryuji Yamada TOKYO (Nikkei)–NTT DoCoMo Inc. (9437) will spend 300-400 billion yen over the next five years to develop LTE (Long Term Evolution), the next-generation high-speed cellular network it plans to launch in the second half of 2010, said President Ryuji Yamada on Tuesday. “The mobile phone market is entering maturity, but … Continue reading Long Term Evolution (LTE) – next level for mobile