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NTT Docomo forecasts drop in profit on planned price cuts, investments

2018-11-01 12:21:00| Telecompaper Headlines

(Telecompaper) Japanese operator NTT Docomo has forecast a drop in profit in the coming years as it moves to lower mobile plan prices following government pressure. Announcing a new medium-term strategy alongside its fiscal H1 results, the company said price cuts of 20-40 percent are planned from fiscal Q1 2019 as part of a simplification of its plans and handset costs, while it also invests in improving customer service and launching 5G later in 2019.

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Category:Telecommunications

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