KDDI Posts Strong 2Q Results
KDDI has announced their second-quarter profits rose 24 percent with net income climbimg to 60 billion yen ($507 million) for the six months ended Sept. 30. The companies AU brand noted a slight increase in data ARPU (average revenue per user) to 2,000 yen for the second quarter from 1,890 yen a year earlier while voice fell to 4,700 yen from 5,300 yen the period a year ago. Total sales increased 6.9 percent to 806 billion yen.
The company is narrowing the gap with DoCoMo, which has about 56 percent of Japan’s 8.9 trillion yen mobile phone market, compared with KDDI’s 28 percent slice as of Sept. 30.
KDDI added a net 445,600 subscribers in the second quarter, exceeding DoCoMo by 14,900 users, Telecommunications Carrier Association figures show. The No. 2 wireless provider added 551,700 in the same quarter a year ago, when it beat DoCoMo by 77,200 subscriptions.
Source: Bloomberg