The Nippon Telegraph and Telephone group reported its first interim net loss Thursday, brought on by special losses of 762.4 billion yen incurred by failed investments in overseas carriers.
The telecom giant posted a net loss of 261.8 billion yen on group sales of 5.81 trillion yen for the first half of fiscal 2001.
Operating profits were 532.1 billion yen, down 12.8 percent from the same period last year, with pretax profit at 403.4 billion yen, down 26.8 percent.