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Docomo to cut nearly $500m in network-related costs

TOKYO -- Mobile carrier NTT Docomo will lower costs by around 50 billion yen ($489 million) in the current fiscal year through March by streamlining maintenance of network hardware.

The Japanese company plans total expense reductions of 80 billion yen in fiscal 2016. Network-related cutbacks will account for about 60% of the total, with additional trimming in sales promotion and other spending.

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