KDD, the country’s leading international telecommunications carrier, reported on Thursday a decline in sales to 153 billion yen for the April-September period, an 8.1 percent fall from the same period last year.
The carrier saw its pretax profit drop to 9.2 billion yen, down 36 percent from last year, and net profit decline to 4.5 billion yen, down 45.1 percent. Although traffic on international lines grew 4.1 percent in the six months, it does not balance the drop in income, said KDD President Tadashi Nishimoto, who blamed the decline on the introduction of discount rates.
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