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    News in brief

    Docomo buys German bank

    News in brief

    Japanese telco NTT Docomo is investing an additional 28.4m euros in Net Mobile AG, which it acquired in 2009, to allow the mobile content distributor to purchase a controlling stake in private German bank Bankverein Werther. Adding the bank’s ecommerce and payment services will strengthen Net Mobile’s — and Docomo’s — payments platform in Germany, and its banking and credit licenses will allow Net Mobile to offer direct debit and credit card payments.

    Filed by Email Paula Berger Published • Last updated 8 November 2011, 16:04

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