• Bloomberg


KDDI Corp., Japan’s second-largest mobile phone company, lost customers for the first time after phasing out the slower of its two services in March, the company said Friday.

KDDI lost a net 118,700 subscribers in April, the Tokyo-based carrier said in a statement. That’s the first decline since it was set up in October 2000 and exceeds the loss of 100,000 users KDDI Chief Financial Officer Satoshi Nagao forecast in an interview earlier this week.

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