By Will Sturgeon, 10 April 2002 07:45
NEWS UK mobile phone giant Vodafone has seen its shares fall to a four-year low of 121p. The fall started when Japanese operator NTT DoCoMo announced it is expecting to see 30 per cent fewer new customers this year than earlier predicted - a fact that raised eyebrows among Vodafone investors aware that Japan is expected to account for more than a quarter of Vodafone's revenues this year. While a slowing in the Japanese mobile phone market was expected - the decline NTT DoCoMo has warned of exceeds analysts' worst fears. NTT DoCoMo is the largest mobile phone operator in Japan and the arch rival of Vodafone's Japanese subsidiary J-Phone.
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