Thursday, August 5, 2010

NTT's Sales Slide Slightly

NTT, Japan's largest telecoms company, said that its revenues fell 0.2% year-on-year in the quarter ending June 30th to 2.499 trillion yen (29 billion US dollars). Increases in revenues from IP communications services were offset by declines in voice-related service revenues.

NTT said it fibre-to-the-home business should become profitable in the year ending March 31, 2012. source: NTT presentation

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