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…
The telecom industry, short for telecommunications industry, refers to the sector that encompasses the transmission of information over significant distances through telecommunication systems. This industry includes a wide range of companies and services, such as mobile and landline telephone services, internet service providers, satellite communications, and cable television. It involves the infrastructure, technology, and networks used to facilitate communication through voice, data, and video transmission. Key elements include the production and operation of telecommunications equipment, the provision of broadcasting services, and the development of communication protocols and standards. The telecom industry plays a crucial role in enabling connectivity, facilitating global communication, and supporting various other industries and economic activities.
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…