Japan’s NTT eyes asset sales after $40 billion Docomo buyout
The merger will help the Tokyo-based telecommunications giant keep up share buybacks and invest aggressively overseas, CEO Jun Sawada said in an interview Tuesday.
Docomo deal signals more unwinding of 'parent-child' listings in Japan
After years of complaints from corporate governance experts, the wave of consolidation or sales of these units is gathering pace.
NTT to take mobile unit Docomo private for ¥4 trillion
The buyout is expected be the largest tender offer in history for a Japanese company.
NTT increases work-from-home target to 70% in line with government request
The firm's rival KDDI Corp. will implement a similar measure from Tuesday.
Huawei controversy opens field for 5G challengers, including Japan's NEC
Washington has pushed allies to bar Huawei from building next-generation 5G mobile networks, claiming its equipment can be used to spy for Beijing.
NTT to acquire ¥64 billion stake in NEC to collaborate on 5G
The two firms hope to catch up to global rivals Telefonaktiebolaget LM Ericsson, Nokia and Huawei 5G in developing mobile networks and base stations.
Japan defense data may have leaked after cyberattacks on NTT unit
The Defense Ministry suspects the possible leaks could affect operations of the SDF's core system.
NTT Docomo Inc. launched fifth-generation large-capacity ultrahigh-speed mobile phone services Wednesday, becoming the first in Japan to do so. Rivals KDDI Corp. and Softbank Corp. are set to follow suit on Thursday and Friday, respectively. Rakuten Inc. plans to enter the 5G market in June. With ...
Toyota and NTT sign capital tie-up over 'smart city' project
The auto and telecommunications giants said they will mutually invest around ¥200 billion ($1.8 billion) by purchasing each other’s treasury stocks.
Docomo to launch Japan 5G services March 25, pipping SoftBank to post
NTT Docomo Inc. said Wednesday it will launch smartphone services based on superfast 5G technology on March 25, two days ahead of its rival SoftBank Corp. NTT Docomo said it plans to offer the 5G service allowing data transmission of up to 100 gigabytes at ...
Fears over coronavirus prompt surge in telecommuting across Japan
The NTT group, Yahoo Japan and GMO Internet are among the companies trying to reduce the risk of their employees contracting the COVID-19 virus.
NTT Docomo's revenue and profits fell from April to December last year
Major mobile phone carrier NTT Docomo Inc. reported Thursday that both group sales and profits fell year-on-year in the April-December 2019 period, mainly due to new discount plans introduced in June last year. The company's sales dropped 3.8 percent, to ¥3.51 trillion, while operating profit ...
