0
General

NTT upgrades profit target on cost savings from fixed-mobile integration

Monday 25 October 2021 | 10:59 CET | News
NTT has presented new medium-term targets, with a reduction in costs thanks to integrating its fixed and mobile businesses expected to accelerate profit growth. The new EPS target for full-year 2023 is JPY 370, compared to a previous goal of JPY 320 and a reported JPY 302 last year. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: NTT
Countries: Japan
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

NTT on track for FY growth after higher H1 results

Published 10 Nov 2021 16:06 CET | Japan
NTT announced a record profit of JPY 676 billion for its fiscal first half to September, up 25 percent from a year earlier. ...

NTT unveils environment and energy vision, to be carbon-neutral by 2040

Published 14 Oct 2021 09:37 CET | Asia
NTT has formulated a new environment and energy vision called "NTT Green Innovation Toward 2040" . Via this new strategy, the ...

NTT revamps management style, to promote remote work

Published 14 Oct 2021 08:55 CET | Japan
NTT has announced it will adopt "a new management style suitable for a decentralized network society" as NTT group's ...

NTT launches JPY 4.25 trillion buyout offer for mobile unit Docomo

Published 29 Sep 2020 09:28 CET | Japan | Update: 29 Sep 2020 15:20 CET
Japanese operator Nippon Telegraph and Telephone (NTT) plans to take its mobile business NTT Docomo private. Docomo confirmed it ...