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Japan’s No. 2 telecoms operator KDDI has said operating profit stagnated in the year to March as a strong performance by the mobile arm offset weak fixed-line operations. Net profit fell five percent to 190.6 billion yen as the company took a charge to write down the impaired value of its old cellular phone facilities. Revenue from its mobile business rose 8.6 percent to 2.51 trillion yen from a year earlier helped by the rising popularity of music downloading service, the expansion of subscribers and a revision in pricing plans.
Subscribers to its “au” brand 3G service rose to 25.4 million at the end of March, from 23.1 million a year earlier. Average revenue per user for the year however, dipped to 7,040 yen a month from 7,170 yen a year earlier. “The mobile phone business accounts for 80 percent of revenues and it continues to lead the company,” KDDI president and chairman Tadashi Onodera told reporters. Continue>>
Some sage advise when entering new turf; Stop, Look and Listen.. it’s also good to secure a local guide. Japan is the cradle of mobile civilization – we have been dedicated to this space since 2001 – trust our archives here offer some useful material.
Domestic activities continue to set the pace, and sharp players are looking at global markets. We have hard-earned industry expertise and trusted network of contacts with access to advanced intell. and potential deal flow. Need a lift.. Ok, buckle-up!