Nippon Telegraph and Telephone

Last updated
Nippon Telegraph and Telephone Corporation
Native name
日本電信電話株式会社
Romanized name
Nippon Denshin Denwa Kabushiki-gaisha
FormerlyNippon Telegraph and Telephone Public Corporation
日本電信電話公社
Type1985-Present: Public KK
1952-1985: Statutory corporation
Industry Telecommunications
PredecessorJapanese telecommunications network owned by the Ministry of Communications/Ministry of Telecommunications and administered by AT&T Corporation during the Occupation of Japan
FoundedAugust 1, 1952 (1952-08-01) (as government monopoly)
April 1, 1985 (1985-04-01) (Private Company)
Founder Government of Japan
Headquarters Ōtemachi, Chiyoda, Tokyo, Japan
Key people
Satoshi Miura
(Chairman)
Jun Sawada
(President and CEO)
Products
RevenueIncrease2.svg ¥11.94 trillion (2021) [1]
Increase2.svg¥1.67 trillion (2021) [1]
Increase2.svg¥1.12 trillion (2021) [1]
Total assets Increase2.svg¥22.96 trillion (2021) [1]
Total equity Decrease2.svg¥8.20 trillion (2021) [1]
Owner Government of Japan (32.6% by law) [2]
Number of employees
303,350 (2021) [1]
Subsidiaries NTT East
NTT West
NTT, Inc.
NTT Communications (in Japan)
NTT Ltd.
(NTT Communications, Dimension Data, NTT Security etc)
NTT Data
NTT Docomo
NTT Research
NTT Urban Development
Website group.ntt
global.ntt

The Nippon Telegraph and Telephone Corporation (日本電信電話株式会社, Nippon Denshin Denwa Kabushiki-gaisha), commonly known as NTT, is a Japanese telecommunications company headquartered in Tokyo, Japan. Ranked 55th in Fortune Global 500, NTT is the fourth largest telecommunications company in the world in terms of revenue, [3] as well as the fifth largest publicly traded company in Japan after Toyota, Mitsubishi Corporation, Honda and Japan Post Holdings, as of September 2019. [4]

Contents

The company is incorporated pursuant to the NTT Law (Law Concerning Nippon Telegraph and Telephone Corporation, Etc.). [5] The purpose of the company defined by the law is to own all the shares issued by Nippon Telegraph and Telephone East Corporation (NTT East) and Nippon Telegraph and Telephone West Corporation (NTT West) and to ensure proper and stable provision of telecommunications services all over Japan including remote rural areas by these companies as well as to conduct research relating to the telecommunications technologies that will form the foundation for telecommunications.

On 1 July 2019, NTT Corporation launched NTT Ltd., an $11 billion de facto holding company business consisting of 28 brands from across NTT Security, NTT Communications and Dimension Data. [6]

While NTT is listed on the Tokyo Stock Exchange and the OTC Markets Group's Pink (and formerly in the New York Stock Exchange under the ticker code "NTT" and in the London Stock Exchange under the ticker code "NPN"), the Japanese government still owns roughly one-third of NTT's shares, regulated by the NTT Law.

History

NTT was established as a government-owned corporation in 1952 Establishment of Nippon Telegraph and Telephone Public Corporation.JPG
NTT was established as a government-owned corporation in 1952
NTT logo between 1952 and 1985. A highly modified version of this logo is still used by the Geospatial Information Authority of Japan to mark telecommunications structures on their maps Dendenkosha Logo.svg
NTT logo between 1952 and 1985. A highly modified version of this logo is still used by the Geospatial Information Authority of Japan to mark telecommunications structures on their maps

Established as a state monopoly in August 1952 to take over the Japanese telecommunications system operated by AT&T during the Occupation of Japan [ citation needed ], Nippon Telegraph and Telephone Public Corporation ( 日本電信電話公社 , Nippon Denshin Denwa Kōsha, shortened into Den-Den Kōsha (電電公社)) was privatized in 1985 to encourage competition in the country's telecom market. In 1987, NTT made the largest stock offering to date, at US$36.8 billion. [7] [8]

Because NTT owns most of Japan's last mile infrastructure (incl. FTTC or FTTB/FTTH), it enjoys oligopolistic control over land lines in Japan. In order to weaken NTT, the company was divided into a holding company (NTT) and three telecom companies (NTT East, NTT West, and NTT Communications) in 1999. The NTT Law regulating NTT East and West requires them to serve only short-distance communications and obligates them to maintain telephone service all over the country. They are also obligated to lease their unused optical fiber (dark fiber) to other carriers at regulated rates. NTT Communications is not regulated by the NTT Law.

In July 2010, NTT and South African IT company Dimension Data Holdings announced an agreement of a cash offer from NTT for Dimension Data's entire issued share capital, in £2.12bn ($3.24bn) deal. [9]

In late 2010, NTT's Japan-to-US transpacific network reached 400 Gbit/s. In August 2011, its network capacity was expanded to 500 Gbit/s. [10]

Corporate history timeline

Subsidiaries

NTT Group consists of the following major companies, divided into five segments. NTT East, NTT West, NTT Communications, NTT Docomo, and NTT Data are most major subsidiaries. NTT Docomo and NTT Data are listed on the stock markets. NTT Urban Development is a subsidiary involved in real estate. [11] NTT Communications' business outside of Japan became part of NTT Ltd. on 1 July 2019. [6]

Regional

NTT phonebooth Uji-PhoneBooth-M1437.jpg
NTT phonebooth

Long distance and international

Mobile

Data (system integration)

Information security

R&D laboratories

Sponsorship

See also

Related Research Articles

NTT may refer to:

NTT Docomo Japanese telecommunications company

NTT Docomo Inc. is the predominant mobile phone operator in Japan. The name is officially an abbreviation of the phrase, "do communications over the mobile network", and is also from a compound word dokomo, meaning "everywhere" in Japanese. Docomo provides phone, video phone, i-mode (internet), and mail services. The company's headquarters are in the Sanno Park Tower, Nagatachō, Chiyoda, Tokyo.

NEC Japanese technology corporation

NEC Corporation is a Japanese multinational information technology and electronics corporation, headquartered in Minato, Tokyo. The company was known as the Nippon Electric Company, Limited, before rebranding in 1983 as NEC. It provides IT and network solutions, including cloud computing, AI, IoT platform, and telecommunications equipment and software, to business enterprises, communications services providers and to government agencies, and has also been the biggest PC vendor in Japan since the 1980s, when it launched the PC-8000 series.

Mitsubishi Electric Japanese electrical equipment, elevator manufacturer and electronics company

Mitsubishi Electric Corporation, established on 15 January 1921, is a Japanese multinational electronics and electrical equipment manufacturing company headquartered in Tokyo, Japan. It is one of the core companies of Mitsubishi. The products from MELCO include elevators and escalators, high-end home appliances, factory automation systems, train systems, electric motors, pumps, semiconductors, digital signage, and satellites.

1G refers to the first generation of wireless cellular technology. These are the analog telecommunications standards that were introduced in the 1980s and continued until being replaced by 2G digital telecommunications. The main difference between these two mobile cellular generations is that the audio transmissions of 1G networks were analog, while 2G networks were entirely digital.

Oki Electric Industry Japanese manufacturing company

Oki Electric Industry Co., Ltd., commonly referred to as OKI, OKI Electric or the OKI Group, is a Japanese information and communications technology company, headquartered in Toranomon, Minato-ku, Tokyo and operating in over 120 countries around the world.

PLDT Philippine telecommunications company

PLDT, Inc., formerly known as the Philippine Long Distance Telephone Company, is a telecommunications, internet, and digital service holdings company in the Philippines. It is one of the country's major telecommunications providers, along with Globe Telecom and startup Dito Telecommunity that was meant to be the "third telco" to challenge its and Globe's "duopoly". Founded in 1928, it is the oldest and largest telecommunications company in the Philippines, in terms of assets and revenues.

So-net

So-net is a Japanese internet service provider operated by Sony Network Communications Inc., a wholly owned subsidiary of Sony.

NTT Communications

NTT Communications, or NTT Com, is a Japanese telecommunications company which has operated its network services on a global scale with over 190 countries/regions and have locations in more than 70 countries/regions and employs approximately 5,500 people as of March 2020. According to the source, its headquarter is located in the Otemachi Place West tower, Otemachi, Chiyoda, Tokyo.

Docomo Pacific is a wholly owned subsidiary of Japanese mobile phone operator NTT Docomo headquartered in Tamuning, Guam. It is the largest provider of mobile, television, internet and telephone services to the United States territories of Guam and the Northern Mariana Islands.

Iwatsu Electric, Co., Ltd. TYO: 6704 is a Japanese electronics manufacturer founded 14 August 1938, whose primary focus is on the following three business domains:

Dimension Data is a company specialising in information technology services. Based in Johannesburg, South Africa, the company maintains operations on every inhabited continent. Dimension Data focuses on services including IT consulting, technical and support services, and managed services. The company is the official technology partner of the Tour de France, the Vuelta a España and also sponsored a team of the same name. In 2010, the company was fully acquired by Nippon Telegraph and Telephone (NTT). On 1 July 2019, all Dimension Data operations, excluding those in the Middle East and Africa, became part of NTT Ltd.

PacketVideo Corporation or PV was a San Diego-based company that produced software for wireless multimedia, including the display of video on mobile handsets. The PacketVideo name wasn't actively used after being acquired by Lynx Technology.

The Bell System was the system of companies, led by the Bell Telephone Company and later by AT&T, that dominated the telephone services industry in North America for 100 years from its creation in 1877 until its antitrust breakup in 1983. The system of companies was often colloquially called Ma Bell, as it held a vertical monopoly over telecommunication products and services in most areas of the United States and Canada. At the time of the breakup of the Bell System in the early 1980s, it had assets of $150 billion and employed over one million people.

NTT DATA Corporation is a Japanese multinational information technology (IT) service and consulting company headquartered in Tokyo, Japan. It is partially-owned subsidiary of Nippon Telegraph and Telephone (NTT).

Tata Docomo Indian telecommunications company

Tata Docomo was an Indian mobile network operator, a wholly owned subsidiary of Tata Teleservices in partnership with NTT Docomo of Japan. In October, 2017 Bharti Airtel announced merger deal with Tata Teleservices and acquisition of Tata Docomo. As of 21 July 2019, all Tata Docomo users are merged with Airtel network and provided with all the Airtel services.

Mobile phone industry in Japan

The Japanese mobile phone industry is one of the most advanced in the world. As of July 31, 2013 there were 139,180,300 mobile phones in use in Japan. This is 110 percent of Japan's total population according to the Ministry of Internal Affairs and Communications.

NTT Docomo USA is a subsidiary of NTT DoCoMo which operates in the United States.

N-STAR b, was a geostationary communications satellite originally ordered by a consortium including NTT DoCoMo and JSAT Corporation, and later fully acquired by JSAT, which was merged into SKY Perfect JSAT Group. It was designed and manufactured by Space Systems/Loral on the SSL 1300 platform. It had a launch weight of 3,400 kg (7,500 lb), and a 10-year design life. Its payload is composed of 6 C-band, 11 Ka-band, 8 Ku-band and 1 S-band transponders.

Hong Kong Telecom Hong Kong telecommunications company

HKT Limited, also known as Hong Kong Telecom, is one of the largest telecommunications company of Hong Kong. It has a dominant position in fixed-line, mobile, IDD and broadband services in Hong Kong. HKT Group is a subsidiary of PCCW since 2000, after it was acquired from Cable & Wireless plc.

References

  1. 1 2 3 4 5 6 "NTT Group Website". Nippon Telegraph and Telephone Corporation. Retrieved May 6, 2020.
  2. "The Japanese Government Asset System and Current Conditions" (PDF). Ministry of Finance Japan. March 2019. Retrieved May 27, 2019.
  3. "The World's Largest Public Companies". Forbes. Retrieved 2018-09-26.
  4. "売上高ランキング". Nikkei (in Japanese). Retrieved 2020-01-26.
  5. "English translation of the "Law Concerning Nippon Telegraph and Telephone Corporation, Etc."" (PDF).
  6. 1 2 Duckett, Chris. "Dimension Data, NTT Communication, and NTT Security bundled into NTT Ltd". ZDNet. Retrieved 2019-07-10.
  7. Vartan, Vartanig G. (November 9, 1987). "Market Place; Big Stock Sale By Japanese". The New York Times.
  8. "U.S. set to make $8 billion from bailing out Citi". 27 March 2010. Archived from the original on 29 March 2010.
  9. "NTT buys South Africa's Dimension Data". BBC News. July 14, 2010. Retrieved July 14, 2010.
  10. Sean Buckley, Fierce Telecom. "NTT's Japan to U.S. network route reaches 500 Gbps mark." Aug 3, 2011. Retrieved Aug 4, 2011.
  11. Melby, Caleb (March 13, 2018). "Kushner Conflict Cloud Hovers Over Brooklyn Sale Linked to Japan". Bloomberg News. A spokesman for the subsidiary, NTT Urban Development, said the company knew the deal involved Kushner Cos. The subsidiary describes itself as the real estate arm of NTT.
  12. "Dimension Data is now NTT Inc - TechCentral". techcentral.co.za. Retrieved 2019-07-10.
  13. "NTT Communications Acquires 86.7% Stake in e-shelter, Germany's top data-center operator".
  14. "World-Class Research Center Opens in Palo Alto". Bloomberg.com. 2019-07-08. Retrieved 2019-11-20.
  15. "World-Class Research Center Opens in Palo Alto". www.businesswire.com. 2019-07-08. Retrieved 2019-11-20.
  16. "IndyCar Names NTT as IndyCar Series Title Sponsor, Official Technology Partner". Sports Video Group. Retrieved 2019-01-19.