The company is due to announce its H1 results on November 21, then make a profit forecast for the year accordingly.
The loss is though to stem from the company’s landline division failing to meet its targets.
Japan Telecom expected to announce annual loss
Japan Telecom has refused to be drawn on reports that suggest the company will post a full year loss. The Nihon Keizai Shimbun reported that the company is likely to post a loss of $16.6 million.
