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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.

Friday, October 26, 2012

Growth Prompts DOCOMO to Up Targets


NTT DOCOMO, Japan's largest mobile operator, said it now expects to generate revenues of 4.52 trillion Japanese yen (56.26 billion US dollars) in the year ending March 31, compared with 4.24 trillion the previous year. In the quarter ending September 30, DOCOMO's operating revenues rose 6.5% to 1.135 trillion yen.

The Tokyo-based telco also increased its target for subscriptions to its Xi LTE service to 41 million for the year ending March 31, 2016 from its earlier target of 30 million. It had 6.2 million LTE subscribers at the end of September.

DOCOMO also said it is aiming to earn 1 trillion yen in revenues from new businesses in the financial year ending March 31, 2016, compared with 400 billion yen in the year ending March 31, 2012. source: NTT DOCOMO presentation

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