J:COM revenues up in 2007, net income down

30 Jan 2008

Japanese multiservice operator (MSO) Jupiter Telecommunications (J:COM) says its revenue for 2007 climbed 19% to JPY264.5 billion (USD2.47 billion) from JPY221.9 billion, as it signed up more subscribers and gained more income. The company reported a 9% rise in subscribers both organically and from newly consolidated subsidiaries. J:COM reported 2.659 million subscribing households at the end of the year, up 6% or 146,900, from a year earlier. Of the total, CATV customers climbed by 78,700 to 2.188 million; high speed internet users rose 9% to 1.211 million; and telephony subscriptions increased by 17% to 1.312 million. J:COM said its operating income rose 35% year-on-year to JPY42.82 billion, but net income fell 2% to JPY23.99 billion, due to higher tax expenses.

Japan, J:COM (Jupiter Telecom)