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NTT Docomo posts net profit of 136.4 billion yen in fiscal Q1

2014-07-29 13:46:22| Source:

Japanese mobile operator NTT Docomo posted a net profit of 136.4 billion yen ($1.34 billion) in the first fiscal quarter ended June 30, down from 158 billion yen in the same quarter last year, Telecompaper.com reported on July 28, 2014. Operating revenues for fiscal Q1 amounted to 1.18 trillion yen, down 3.4 percent year-on-year. NTT Docomo’s EBITDA reached 386.7 billion yen in the quarter, down from 420.4 billion yen year-on-year.

The operator also said that it expanded LTE coverage across the country, ending June with a total of 66,300 Xi LTE base stations across Japan. The operator expects to reach a total of 95,300 stations by the end of March 2015. NTT Docomo sold 5.16 million handsets during the quarter, down from 5.39 million handsets in the same period last year. The number of mobile subscribers by the end of June totaled 63.56 million, up compared to 61.62 million by the end of June 2013. LTE subscribers amounted to 24.04 million by the end of the quarter, up from 14.20 million compared to the same period last year.

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