NTT DoCoMo posts 15% drop in operating income (Japan)
www.WirelessFederation.com/news: NTT DoCoMo, Japan’s leading mobile operator, has ended its fiscal year on 30 June with a 15.1% drop in net income to JPY147.4 billion (USD1.6 billion). The sales came down from JPY1.17 trillion to JPY1.08 trillion, while operating income came in at JPY251.8 billion, a 15% decline from last year.
The fall, according to the operator is because of the maturity and competition coming in the Japanese mobile market. DoCoMo did, however, leave its forecast for the year ending March 2010 unchanged: revenue is expected to reach JPY4.38 trillion with operating income of JPY830 billion.