What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.
Monday, April 26, 2010
KDDI Forecasts Flat Year
KDDI, one of Japan's largest telecoms companies, forecast that its operating revenues will be flat in the year ending March 31, 2011, following a decline of almost 2% in the previous year to 3.44 trillion yen (36.55 billion US dollars). Operating revenues in its mobile business fell 2.5% in the year to March 31, 2010. KDDI said that it expects to cut capital spending in this financial year by 28 billion yen to 490 billion yen. source: KDDI presentation