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eAccess' Q1 profit falls 54% on mobile marketing expenses

Thursday 9 August 2012 | 02:52 CET | News
Japanese communications firm eAccess saw its net income for the first quarter ended 31 March fall by 54 percent to JPY 1.5 billion from JPY 3.2 billion a year earlier due to expected increases in mobile marketing expenses. However, revenues went up 14 percent to JPY 54.4 billion with mobile revenues growing 26 percent to JPY 44.8 billion and fixed revenues falling 20 percent to JPY 9.6 billion. Operating profit slipped 36 percent to JPY 4.2 billion and recurring profit fell 57 percent to JPY 1.4 billion. EBITDA stood at JPY 14.5 billion, down 8 percent, and EBITDA margin fell 6 percentage points to 27 percent. Mobile unit Emobile ended the quarter with 4.01 million mobile broadband subscribers, including 300,000 LTE users. As the company is winding down its MVNO services, eAccess expects a decline in MVNO net adds from this quarter onwards. ARPU stood at JPY 2,680, down from JPY 2,860 in the year-ago quarter. The number of ADS subscribers fell to 1.46 million from 1.84 million a year earlier and fixed broadband ARPU fell to JPY 1,987 from JPY 2,009.

Categories: Fixed / Mobile & Wireless
Companies: eAccess / Emobile
Countries: Japan
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