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Wireless

NTT Docomo raises FY targets after strong H1

Monday 2 November 2015 | 15:22 CET | News
Japanese mobile operator NTT Docomo has raised its full-year guidance, after reporting a strong set of first-half results. The operating profit forecast increases to JPY 710 billion from JPY 680 billion previously, and net profit is now estimated at JPY 490 billion instead of 470 billion. Adjusted free cash flow should reach JPY 480 billion, up from an earlier estimate of JPY 400 billion, helped by a reduction in the capital expenditure budget to JPY 600 billion. In the fiscal first half to September, Docomo reported revenues up 1.9 percent year-on-year to JPY 2.215 trillion, and operating

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Categories: Mobile & Wireless
Companies: NTT DoCoMo
Countries: Japan
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