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Japan s NTT Corp plans to make NTT Docomo Inc its wholly owned subsidiary this month, part of its launch of a new group structure. AFP
Japan’s NTT seeks to revive global presence with Docomo merger
Thu, 17 December 2020
Japan s NTT Corp plans to make NTT Docomo Inc its wholly owned subsidiary this month, part of its launch of a new group structure.
With US and Chinese firms dominating the global telecommunications industry, NTT believes it can build up its presence through its first reorganisation in 28 years.
Motoyuki Ii, who became president of NTT Docomo on December 1, minced no words in a message to employees on the current situation. “Docomo has to change,” he wrote. “I want you to feel a sense of urgency.”