NTT DoCoMo to Stop Accepting PHS Applications
DoCoMo announced today that they will stop accepting new applications for PHS (Personal Handyphone System) mobile phone services as of April 30, 2005. As a result of the decision, DoCoMo will post an approximately 61 billion-yen impairment loss on a consolidated basis and an approximately 21 billion-yen special loss on a non-consolidated basis. Accordingly, DoCoMo has amended its consolidated and non-consolidated financial results forecasts for the fiscal year ending March 31, 2005 (April 1, 2004 – March 31, 2005), which were announced on October 29, 2004.