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NTT misses FY outlook, sees flat profits in 2014
2014-05-13 10:28:00| Telecompaper Headlines
(Telecompaper) Japanese operator NTT reported annual results slightly below its outlook, due to a weak performance at its mobile unit Docomo. Revenues were up 2.1 percent to JPY 10.925 trillion in the 12 months to March, but fell short of a target of JPY 11 trillion. Operating profit rose 1.0 percent to JPY 1.214 trillion, versus a target of 1.230 trillion. Net profit still increased 12.2 percent to JPY 585.5 billion, in line with guidance, and NTT increased its dividend slightly to JPY 170 per share. For the current year to March 2015, NTT expects growth in revenues of around 2.5 percent, but operating and net profit will be little changed year-on-year. The dividend should rise again, to JPY 180 per share, and the company plans to spend JPY 250 billion buying back shares from the government. NTT said it will reduce capex slightly this year, to JPY 1.750 trillion from JPY 1.796 trillion last year, taking the ratio to sales to 15.9 percent. It aims to bring this down further to 15.0 percent in the following year, helped by a targeted JPY 600 billion in cost savings on its access network. This target was increased by JPY 100 billion and compares to the cost base in 2011 when it started the network rationalisation programme.
Tags: flat
outlook
sees
profits
NTT Docomo reorganisation puts focus on smarter living
2014-05-13 09:38:00| Telecompaper Headlines
(Telecompaper) NTT Docomo said it will establish a number of new business units from 1 July, as part of a business and organisational restructuring initiative aimed at creating new-business revenue expansion. The company wants the new units to strengthen and accelerate the creation of services that will enable customers to enjoy smarter living through innovative mobile systems. The R&D Innovation Division will house the R&D Strategy and Service Innovations departments. The Division will focus on technology innovation, network and mobile device development and implementation, and service innovation. The Service Design Department will develop, maintain and provide technical support for smartphone applications and server systems for new services that enable smarter living. It will also develop, deploy, operate and maintain server systems for i-mode, sp-mode, and similar services. The Frontline Support Department will plan and manage support for frontline assistance to customers. It wil also plan systems and processes for mobile phones and others and other devices, as well as for subscriptions. Finally, the Billing Service Department will be in charge of billing services.
HM Treasury opts for NTT Data to provide IT services
2014-05-09 06:18:44| IT Services - Topix.net
HM Treasury has selected Japanese firm NTT Data to provide IT services as part of the organisation's ICT 2015 programme.
Tags: it
services
data
provide
Japan's NTT DoCoMo to exit Indian telecoms joint venture: sources
2014-04-25 09:54:39| Steel - Topix.net
NTT DoCoMo, Japan's biggest telecom network by subscribers, will sell its stake in its loss-making Indian mobile phone joint venture to partner Tata Group, people with direct knowledge of the matter said on Friday.
Tags: sources
joint
indian
exit
NTT launches browser-to-browser chatroom with avatars
2014-04-21 14:02:43| InfoWorld: Top News
If you don't mind being represented by a feline avatar, NTT Communications has a quirky video chatroom just for you. The networking arm of Japan's NTT Group launched a Web app that allows browser-to-browser communication for voice, video, and data exchange.
Tags: launches
ntt
avatars
chatroom
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