NTT’s Profit Dips: What It Means for Investors
NTT's profit fell by 15.9%, resulting in a net profit of 850.6 billion yen. The company is at 77.3% of its annual target of 1.1 trillion yen, trailing behind its…
NTT stands for Nippon Telegraph and Telephone Corporation, a major telecommunications company in Japan. It was established in 1952 and is one of the largest telecommunications companies in the world. NTT operates a wide range of services, including fixed-line and mobile telecommunications, internet services, data centers, and cloud computing solutions. The company plays a significant role in the development of telecommunications infrastructure and services in Japan and globally. It also invests in research and innovation in various technologies related to communications and information technology.
NTT's profit fell by 15.9%, resulting in a net profit of 850.6 billion yen. The company is at 77.3% of its annual target of 1.1 trillion yen, trailing behind its…