DoCoMo sales and profits down as competition sharpens

30 Oct 2009

NTT DoCoMo has posted second-quarter net income of JPY137.33 billion (USD1.5 billion), down 21% year-on-year following a reduction in data transmission charges. Operating income dropped 17% to JPY233.4 billion as revenue contracted 3.4% to JPY1,060 billion. The figures reflect the cheaper and cheaper plans being offered by Japanese cellcos to encourage data use to offset declining voice revenues. The cellco also cut its target for handset shipments for the year to 31 March 2010, down from 19.7 million to 18.2 million.