J:COM's Q1 profit grows 13%

25 Apr 2013

Japanese cable operator Jupiter Telecommunications (J:COM) has reported a 13% year-on-year increase in profits in the first trimester of 2013, according to the published figures on the company’s website. J:COM booked net profit of JPY11.34 billion (USD114.54 million) for the first quarter of this year, up from JPY10.02 billion twelve months ago, on revenues that edged up by 0.5% to JPY93.02 billion from JPY92.51 billion; the telco’s turnover included JPY78.67 billion in subscription fees, it said. On a less positive note, the company saw a reduction in the number of cable TV subscription fees, which dipped 0.4% to JPY41.82 billion, due to a drop in ARPU caused by the uptake of certain long-term contract plans, as reported by Telecompaper.

Japan, J:COM (Jupiter Telecom)