Thursday, August 5, 2010

NTT Adds 588,000 Optical Access Lines in Q2

The NTT Group reported quarterly revenue of ¥957.1 billion (a decrease of 0.4% from the same period of the previous fiscal year). Despite an increase in IP-related revenues due to an increase in FLET'S Hikari subscriptions, fixed voice-related services revenue decreased mainly due to the decline in fixed-line telephone subscriptions. Consolidated operating expenses for the quarter fell to ¥915.6 billion (a decrease of 3.1% from the same period of the previous fiscal year) due to a decrease in personnel expenses as a result of a decline in the number of employees and such factors as a decrease in operating expenses, including depreciation and amortization. As a result, consolidated operating income for the first quarter of the fiscal year ending March 31, 2011 was ¥41.5 billion (an increase of 158.3% from the same period of the previous fiscal year).

NTT added 588,000 FLET's Hikari optical access lines in the quarter, giving it a total of 13.8 million across its East and West divisions. NTT is now offering service tiers with maximum download speeds of 200 Mbps and 1 Gbps. Meanwhile, ADSL accounts fell by 129,000 in the quarter and the company has 3,253,000 remaining.

In mobile, the company added 432,000 subscribers in the quarter for a total of 56,515,000.