Thursday, May 12, 2011

NTT Raises CAPEX Forecast for 2011

NTT is forecasting FY2011 CAPEX of 1,950.0 billion yen, representing an increase of 79.9 billion yen from FY2010. Increased spending is expected in FTTH -- 300 billion yen compared to 295 billion yen for last fiscal year. Spending at NTT DoCoMo will hit 705 billion yen, up from 668.5 billion yen for last year. CAPEX at NTT Communications is also expected to make a significant jump to 136.0 billion yen, up from 115.3 billion yen in FY 2010.

The company's over CAPEX-to-Sales ratio is forecast to be 18.5% for FY 2011, compared to 18.1% last year and 19.5% in FY 2009.

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