KDDI 1Q Net Profit Surges 17.6% by Wireless Watch Japan

KDDI 1Q Net Profit Surges 17.6%

Japan’s second largest mobile carrier KDDI Corp. said today that its quarterly net profit rose on strong demand for its mobile services. Consolidated net profit for the April-June first quarter was 51.66 billion yen ($462.4 million), up 17.6 percent from 43.9 billion yen a year ago. Vodafone reported a 6 percent loss for the same quarter on Monday. DoCoMo reports tomorrow.

Posted: 29 July 2004 | Filed: Carriers, Wireless News | Feedback | Print |

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