NTT DoCoMo today released its preliminary financial results for its fiscal third quarter to 31 December 2011, showing a 29% year-on-year drop in net profit, and lowered its full-year outlook on the back of a decline in revenue from voice services and tax adjustments. The mobile carrier said net income for the three months under review fell to JPY95.60 billion (USD1.23 billion) from JPY134.24 billion in the same period a year ago, and noted a write-down in deferred tax assets due to a change in its corporate tax rate.
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OVETEL DoCoMo’s Q3 net profit slumps 29%; plans JPY160bn spend by 2015 to strengthen network
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