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Friday, October 30, 2009
NTT Docomo H1 Net Profit Falls 18% To $3.1 Billion
By Chris Oliver
MarketWatch Pulse
HONG KONG -- NTT Docomo said Friday its net income for the half year to end-September fell 18% from a year earlier, as competition among operators intensified, forcing more jostling to win subscribers and higher outlays to improve services. Net Profit for the six months through September totaled 284.7 billion yen ($3.1 billion), compared to 346.7 billion yen a year earlier. Revenue for the half year fell 5.4% to 2.15 trillion yen. The company said it accelerated its strategy shift towards data services with rate revisions to its two flat-rate service plans during the second quarter.
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