Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

Ntt: 800 Lb. Gorilla


Special Report: TELECOM TITANS

NTT: 800-LB. GORILLA

Japan's Nippon Telegraph & Telephone is The Shadow of the global telecommunications scene. No one knows where it will go, but once it moves, it's sure to have a huge impact. For sheer bulk, it outclasses all other carriers. With a well-protected monopoly on local calls in Japan, the company's revenues reached $60 billion last year. Its market capitalization tips the scales at $129 billion, and with 232,000 employees, it's among

the world's largest companies.

But NTT is weighted down with regulatory shackles. It is facing competition in the partially deregulated domestic long-distance market and is barred from carrying international calls. NTT President Masashi Kojima is agitating for freedom from regulation: If he gets his way, NTT's copious cash flow would allow it to sink billions into partnerships. It has already invested $80 million in an American wireless carrier Nextel Communications Corp., and it owns 20% of a Thai phone company. NTT has also signed with Microsoft, Silicon Graphics, and General Magic to provide mul-timedia services in Japan.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus