Tokyo's plan to break up NTT may spur competition if it withstands opposition
Article Abstract:
The Japanese government has announced a plan to break up Nippon Telegraph and Telephone Corp. (NTT), which promises to foster both international and domestic competition. Under the plan, NTT will be broken up into two companies, NTT West and NTT East, and a separate long-distance company. After the split, the two NTT companies will be forced to compete with other existing companies for shares of the domestic market. Several analysts, however, warned that strong opposition to the plan may adversely affect the growth of competition in the Japanese telecommunications industry.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Japan is seen yielding to WTO pressure
Article Abstract:
Foreign ownership in Nippon Telegraph & Telephone Corp. and Kokusai Denshin Denwa Co. is still limited to 20%, but analysts have surmised that Japan may soon yield to pressures from the WTO and the US to boost the limit. Japan, which has joined the 70-nation global telecommunications pact of the World Trade Organization, retained the ownership restriction on the two international carriers despite agreeing to open up its telecommunications market to competition. Kiyohisa Ota, an analyst at Merrill Lynch in Tokyo, Japan, surmised that the limit may be expanded to 33%.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Japan panel' study is seen as first step in renewed move to break up NTT
Article Abstract:
Nippon Telegraph and Telephone Corp. (NTT) is under strong pressure to privatize its operations to increase its competitiveness in the international telecommunications market. A study group sponsored by the Japanese Ministry of Post and Telecommunications suggested that NTT be broken up into regional service companies to promote competition and dynamism in the industry.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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