Nippon Telegraph And Telephone
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 29th in Fortune Global 500, NTT is the largest telecommunications company in Asia, and the second-largest in the world in terms of revenue.
The company is incorporated pursuant to the NTT Law (Law Concerning Nippon Telegraph and Telephone Corporation, Etc.). 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.
While NTT is listed on Tokyo, Osaka, Nagoya, Fukuoka, Sapporo, New York, and London stock exchanges, the Japanese government still owns roughly one-third of NTT's shares, regulated by the NTT Law.
Read more about Nippon Telegraph And Telephone: History, Subsidiaries, R&D Laboratories, Sponsorship
Famous quotes containing the word telephone:
“It is possible that the telephone has been responsible for more business inefficiency than any other agency except laudanum.... In the old days when you wanted to get in touch with a man you wrote a note, sprinkled it with sand, and gave it to a man on horseback. It probably was delivered within half an hour, depending on how big a lunch the horse had had. But in these busy days of rush-rush-rush, it is sometimes a week before you can catch your man on the telephone.”
—Robert Benchley (1889–1945)