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’s a hard feeling when everyone’s in a hurry to talk to somebody else, but not to talk to you. Sometimes you get a feeling of need to talk to somebody. Somebody who wants to listen to you other than “Why didn’t you get me the right number?””
—Heather Lamb, U.S. telephone operator. As quoted in Working, book 2, by Studs Terkel (1973)