NTT Docomo posts net profit of JPY 136.4 bln in fiscal Q1

Nieuws Mobiel Japan 27 JUL 2014
NTT Docomo posts net profit of JPY 136.4 bln in fiscal Q1

Japanese mobile operator NTT Docomo posted a net profit of JPY 136.4 billion in the first fiscal quarter ended 30 June, down from JPY 158 billion in the year-ago quarter. Operating revenues for fiscal Q1 amounted to JPY 1.175 trillion, down 3.4 percent year-on-year.  NTT Docomo’s EBITDA reached JPY 386.7 billion in the quarter, down from JPY 420.4 billion year-on-year.

The operator also said that it expanded LTE coverage across the country, ending June with a total of 66,300 Xi LTE base stations across Japan. The operator expects to reach a total of 95,300 stations by end March 2015. NTT Docomo sold 5.16 million handsets during the quarter, down from 5.39 million handsets in the year-ago period, while the number of mobile subscribers by end-June totaled 63.56 million, up compared to 61.62 million by end-June 2013. LTE subscribers amounted to 24.04 million by the end of the quarter, up from 14.20 million at end-June 2013.

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