DOCOMO Q2 revenues, profits stall; confirms 5G pre-commercial launch at 40 locations

29 Oct 2019

NTT DOCOMO has reported that its quarterly operating revenues for the six months ended 30 September 2019 (H1 FY20) reached JPY2.330 trillion (USD21.4 billion), down 2.5% from JPY2.389 trillion in the corresponding period a year earlier. Six-month operating profit fell 11.5% year-on-year, to JPY540.3 billion, while profit attributed to NTT DOCOMO shareholders slumped 8.5% y-o-y to JPY372.4 billion. EBITDA was JPY788 billion, down from JPY854.8 billion. Adjusted free cash flow, however, rose 17.2% to JPY439.1 billion and H1 CAPEX fell 14.5% to JPY218.4 billion.

In operational terms, the Japanese carrier reported 79.203 million mobile subscribers at 30 September, up 3% on an annualised basis, of which 58.542 million were LTE users (up from 52.502 million). ‘DOCOMO Hikari’-branded fibre-optic broadband subscribers, meanwhile, passed the six million milestone, reaching 6.167 million at end-September.

In infrastructure development terms, DOCOMO said that 5G pre-commercial services had been available in 40 locations across Japan since 20 September 2019, with a target to roll out services in 47 prefectures by June 2020, rising to 10,000 5G base stations on-air by June 2021. The cellco is actively employing 5G at 3.7GHz, 4.5Ghz and 28GHz. Meanwhile, with commercial 5G services slated for spring 2020, 3G services are scheduled to be terminated on 31 March 2026.

Japan, NTT DOCOMO