AGL 40.14 Increased By ▲ 0.14 (0.35%)
AIRLINK 127.50 Increased By ▲ 0.46 (0.36%)
BOP 6.70 Increased By ▲ 0.03 (0.45%)
CNERGY 4.48 Decreased By ▼ -0.03 (-0.67%)
DCL 8.44 Decreased By ▼ -0.11 (-1.29%)
DFML 41.95 Increased By ▲ 0.51 (1.23%)
DGKC 86.80 Decreased By ▼ -0.05 (-0.06%)
FCCL 32.05 Decreased By ▼ -0.23 (-0.71%)
FFBL 64.88 Increased By ▲ 0.08 (0.12%)
FFL 10.15 Decreased By ▼ -0.10 (-0.98%)
HUBC 109.30 Decreased By ▼ -0.27 (-0.25%)
HUMNL 14.70 Increased By ▲ 0.02 (0.14%)
KEL 5.12 Increased By ▲ 0.07 (1.39%)
KOSM 7.20 Decreased By ▼ -0.26 (-3.49%)
MLCF 41.41 Increased By ▲ 0.03 (0.07%)
NBP 59.75 Decreased By ▼ -0.66 (-1.09%)
OGDC 194.99 Increased By ▲ 4.89 (2.57%)
PAEL 28.22 Increased By ▲ 0.39 (1.4%)
PIBTL 7.75 Decreased By ▼ -0.08 (-1.02%)
PPL 151.25 Increased By ▲ 1.19 (0.79%)
PRL 26.55 Decreased By ▼ -0.33 (-1.23%)
PTC 16.10 Increased By ▲ 0.03 (0.19%)
SEARL 78.11 Decreased By ▼ -7.89 (-9.17%)
TELE 7.46 Decreased By ▼ -0.25 (-3.24%)
TOMCL 35.42 Increased By ▲ 0.01 (0.03%)
TPLP 8.15 Increased By ▲ 0.03 (0.37%)
TREET 16.09 Decreased By ▼ -0.32 (-1.95%)
TRG 52.80 Decreased By ▼ -0.49 (-0.92%)
UNITY 26.63 Increased By ▲ 0.47 (1.8%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 9,934 Increased By 50.6 (0.51%)
BR30 30,915 Increased By 315.4 (1.03%)
KSE100 93,807 Increased By 451.4 (0.48%)
KSE30 29,053 Increased By 122.4 (0.42%)

Japan's number two mobile telephone operator KDDI Corp said Monday it had weathered increasingly fierce competition to post a rise in interim profits on the back of brisk subscriber growth. KDDI said it had signed up more than a million new customers for its mainstay "au" cellphone brand in the six months to September, ratcheting up the pressure on rivals NTT DoCoMo and Softbank.
Net profit rose 7.1 percent to 145.7 billion yen (1.26 billion dollars), KDDI said in a statement. Operating profit gained 8.8 percent to 249.61 billion yen as revenue increased by 8.1 percent to 1.73 trillion yen. Japan's cellphone providers have been waging a fierce battle for market share since rule changes a year ago allowing people to switch mobile telephone operators without changing their phone numbers.
The mobile business continued to drive KDDI's growth, with operating profit up 12.6 percent, while the fixed-line division remained a drag on profits with an increased operating loss of 29.5 billion yen. At the end of September, KDDI had 28.74 million subscribers for its "au" service, up from 27.32 million at the end of March. KDDI is expecting its "au" subscriber base to reach 30 million by the end of March and to take a 30 percent share of the market.

Copyright Agence France-Presse, 2007

Comments

Comments are closed.