NTT DoCoMo to post increased operating income

28 Jul 2008

NTT DoCoMo is expected to report a significant rise in quarterly operating profit on Wednesday due to smaller handset subsidies. Operating income is forecasted to reach between JPY250 billion (USD2.3 billion) and JPY2.8 billion in the fiscal quarter to June, up from JPY204 billion year-on-year. The improvement follows a decision taken by the cellco last November to introduce a new sales strategy that lowered calling fees and raised handset prices.