The government is pushing for the privatization of the NTT G...
The government is pushing for the privatization of the NTT Group to create a huge company that can compete against GAFAM and aims to secure additional defense budget allocations. However, this may not be effective in countering GAFAM, and instead could lead to further consolidation trends within Japan, resulting in high communications fees that even NTT Docomo, KDDI, and Rakuten will have to pay. It is necessary to consider alternative measures to compete against GAFAM.
【Financial report】NTT, consolidated financial results for the fiscal year ending March 24th: operating revenue increased by 1.8% from the previous year to 13 trillion 374.5 billion yen, net profit increased by 5.5% from the previous year to 1 trillion 279.5 billion yen
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
