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DoCoMo swings back into black in year to March.

Europe Intelligence Wire

| May 08, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Agence France Presse)

Japan's top mobile phone carrier NTT DoCoMo has said it swung back into profit in the year to March following cost cutting efforts and strong demand for data services, and predicted it would nearly treble earnings this year.

Net profit at NTT DoCoMo Inc. came to 212.5 billion yen (1.8 billion dollars), reversing a 116.2 billion yen loss a year earlier. Pre-tax profit surged 9.1 percent…

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