Foreign investments wipe out NTT DoCoMo's profits

The plummeting value of telecoms stocks has nearly obliterated NTT DoCoMo's profits.

Foreign investments wipe out NTT DoCoMo's profits
Wed, 08 May, 2002 - 13:14

The plummeting value of telecoms stocks has nearly obliterated NTT DoCoMo's profits.

Net profits fell to 862 million yen or £4.5m (€7.2m), a fraction of the £1.94bn (€3.1bn) it reported a year ago and the lowest for the company since its Tokyo listing in 1998.

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