Japanese mobile carrier NTT DoCoMo
stated that the fiscal year just ended at the end of March showed no growth over the previous year. Oops -- wha?
That's correct -- DoCoMo reported that it only had a teeny, tiny increase in yearly revenue to the tune of only 0.5 percent. The figure came in at 4.788 trillion ¥, or $39.90 billion. While that's not the best news, it became worse quickly. DoCoMo's profit during the same period fell like a sack of potatoes, dropping 25.1 percent to 457.3 billion ¥, or $3.81 billion. DoComo's rather paltry performance was due to higher sales promotion fees and the lack of "special gains" from the previous year, according to the incumbent Japanese carrier. However, DoCoMo's customer ARPU (average revenue per user) fell only 3 percent to 6,530 ¥ per month ($54.69) while revenue from data transmission use increased by 11.3 percent to 535,436 million ¥ ($4.5 billion) for the year. That's some serious xHTML