J:Com sees Q3 revenues rise 23%, ups forecast (Japan)Japanese cabler Jupiter Telecommunications (J:Com) posted third quarter revenues of JPY 194.4 billion, up 23 percent year-on-year from JPY 157.9 billion in the year-ago period. Operating income went up 27 percent to JPY 31.4 billion, from JPY 24.8 billion, and net income surged 31 percent to JPY 18 billion, from JPY 13.7 billion. J:Com ended the quarter with 2.62 million customers, up 22 percent, and 4.60 million revenues generating units. The bundle ratio stood at 1.76 and the ARPU was JPY 7,668 while churn dropped to 0.95 percent. J:Com also revised upwards its full-year revenue forecast to JPY 264.5 billion from an earlier forecast of JPY 263 billion. Profits are expected to come in at JPY 22.5 billion from JPY 20.5 billion.
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