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Reuters is reporting that Nippon Telegraph and Telephone Corp. (NTT), the world’s biggest telecoms group by revenue, posted a solid operating profit for the first nine months of its business year, despite intense competition. While the group’s fixed-line business may be struggling, the mobile arm is doing rather well, thank you very much.
NTT, which has majority stakes in Japan’s top mobile operator NTT DoCoMo Inc. and in systems integrator NTT Data Corp., said April-December operating profit was 1.13 trillion yen ($10.82 billion). Full story Here.
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Some sage advise when entering new turf; Stop, Look and Listen.. it’s also good to secure a local guide. Japan is the cradle of mobile civilization – we have been dedicated to this space since 2001 – trust our archives here offer some useful material.
Domestic activities continue to set the pace, and sharp players are looking at global markets. We have hard-earned industry expertise and trusted network of contacts with access to advanced intell. and potential deal flow. Need a lift.. Ok, buckle-up!