Summary:

Japanese telco KDDI has released its second quarter results — on the mobile side operating revenues increased by 0.7 percent to 679.8 billi…

Japanese telco KDDI has released its second quarter results — on the mobile side operating revenues increased by 0.7 percent to 679.8 billion yen (US$6.32 billion), although operating income fell by 8 percent to 139.2 billion yen (US$1.29 billion) due to a number of factors. Most significant is the fall in voice ARPU from 4,350 yen (US$40.43) in Q2 last year to 3,710 yen (US$34.48) for Q2 this year, a fall of almost 15 percent. KDDI predicts that voice ARPU will be 3,480 by Q2 next year. In contrast, data ARPU rose from 2,080 (US$19.33) yen a year ago to 2,190 yen (US$20.35) for the second quarter this year — a 5.3 percent increase…nice number, but not enough to counteract the falling voice ARPU. Data ARPU is already above KDDI’s predictions for next year of 2,180 yen. The percentage of its mobile au customers on its CDMA 1x WIN service increased from 53 percent a year ago to 68 percent this year.

Jibun Bank
In a bid to decrease churn and add new revenues KDDI has formed a 50/50 joint venture with The Bank of Tokyo-Mitsubishi (BTMU) to create Jibun Bank Corporation with 20 billion yen in captial. It has a banking license and started services on July 17, with the idea of being a

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