Nippon Telegraph and Telephone

Nippon Telegraph and Telephone Corporation (TYO: 9432), commonly known as NTT, is a leading global telecommunications company headquartered in Tokyo, Japan. Founded in 1952 as a state-owned monopoly, NTT was privatized in 1985 and listed on the Tokyo Stock Exchange. The company has since expanded its operations globally, becoming one of the largest telecommunications companies in the world by revenue.

NTT offers a wide range of telecommunications and information technology services through its various subsidiaries. Its key business segments include:

• Mobile communications services through NTT DOCOMO

• Fixed-line telecommunications services

• Data center and cloud services

• System integration and IT consulting

• Research and development of next-generation technologies

The company has been at the forefront of technological innovation in the telecom industry. In September 2021, NTT announced its "Green Innovation toward 2040" initiative, committing JPY 300 billion (USD 2.7 billion) to achieve carbon neutrality by 2040. The company aims to increase its renewable energy usage to over 30% by 2030 as part of this sustainability push. NTT is also actively developing and deploying 5G network technology in Japan through its NTT DOCOMO subsidiary.

As of March 2024, NTT Group employs over 330,000 people across more than 80 countries. The company reported net sales of JPY 12.2 trillion (approximately USD 97 billion) for the fiscal year ending March 2023. NTT continues to expand its global reach through strategic partnerships and investments, positioning itself as an "ICT Solution Partner" to help businesses and society leverage advanced information and communication technologies.