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IP: NTT'S EYE ON AMERICA
From: David Farber <farber () cis upenn edu>
Date: Tue, 29 Jul 1997 12:35:29 -0400
New laws passed in June will enable Nippon Telegraph & Telephone Corp., the world's largest telephone company, to pursue international business opportunities, and analysts are guessing as to where the communications giant will invest first. "NTT is a huge company; it had more revenue last year than AT&T," says an analyst with the Yankee Group in Tokyo. "But NTT is coming a few years late to the international market, and it's not going to be able to compete with a firm like BT/MCI at first... The FCC has said it won't allow NTT and KDD [Japan's long-distance carrier] into the U.S. domestic market because Japan is still maintaining a 20% investment cap" in Japanese phone companies. One observer predicts that NTT will actively move into other Asian markets, such as China and Thailand, and will form strategic alliances to serve its Japanese customers' needs in Europe and the U.S. Others predict NTT will hook up with one of the global alliances -- Concert (BT/MCI), Global One (Sprint, Deutsche Telekom and France Telecom), or World Partners (AT&T and others). (Investor's Business Daily 28 Jul 97)
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