The latest update is out from Nippon Telegraph and Telephone ( (JP:9432) ).
NTT has acknowledged media reports about its potential plan to make NTT Data Group Corporation a wholly-owned subsidiary, though it clarifies that these reports are not based on an official announcement from the company. The decision is expected to be made by the Board of Directors, and NTT will issue an announcement if necessary. This move, if confirmed, could significantly impact NTT’s operational structure and market positioning, potentially affecting stakeholders and the broader industry.
More about Nippon Telegraph and Telephone
Nippon Telegraph and Telephone Corporation (NTT) operates in the telecommunications industry, providing a wide range of services including fixed-line and mobile communications, network systems, and data services. It is a major player in the Japanese market, listed on the Prime Market of the Tokyo Stock Exchange.
Average Trading Volume: 165,690,164
Technical Sentiment Signal: Buy
Current Market Cap: Yen12879.1B
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