The government is supporting privatization of the NTT Group ...
The government is supporting privatization of the NTT Group into a giant enterprise that can compete with GAFAM, and it seems that they are repeatedly aiming to come up with a defense enhancement budget. Not only will it not compete with GAFAM, but it will also advance the trend of oligopoly within Japan, resulting in high communication charges being paid to banks, AU, and Rakuten. It is necessary to consider other countermeasures to counter GAFAM.
[Earnings Update] NTT, consolidated financial results for the fiscal year ending March 31, '24: $13.374.5 billion, up 1.8% from the previous fiscal year; net profit up 5.5% from the previous fiscal year to 1,279.5 billion yen
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