NTT DoCoMo (DCM +2.5%) and South Korean firm KT Freetel are teaming up to develop a...

|About: NTT DoCoMo, Inc. (DCM)|By:, SA News Editor

NTT DoCoMo (DCM +2.5%) and South Korean firm KT Freetel are teaming up to develop a bargain-priced smartphone with advanced internet functionality using Google's (GOOG -3.2%) free mobile OS Android, which it will position as a strong competitor to the iPhone (AAPL +1.1%).