Sluggish sales cause DoCoMo Q3 slump

NTT has posted a 12 percent drop in profits, which the company largely attributed to sluggish sales at its mobile phone subsidiary NTT DoCoMo as well as slow sales at its fixed-line subsidiary. NTT posted a net profit of $2.48 billion in the first half of the year, ending September 30. DoCoMo's weaker operating profit in the first half was partially due to increased costs of enhancing services and lowering call charges to compete with rival carriers.

For more on NTT's slump:
- see this WSJ article (sub. req.)
- also check out its dismal financial results from May

Sponsored by ADI

What if we were always connected? With the help of our advanced wireless technology, even people in the most remote places could always be in touch.

What if there were no ocean, desert, mountain or event that could ever keep us from telling our stories, sharing discoveries or asking for help? ADI’s next-gen communications technology could keep all of us connected.

Suggested Articles

Nokia said joint research with Telefónica confirms that 5G networks are up to 90% more energy efficient than 4G.

The Senate Commerce Committee voted 14-12 along party lines to move forward on President Trump’s nomination of Nathan Simington to the FCC.

5G means networks and transport are no longer a one-size-fits-all scenario.