World VoIP NewsNTT to hive off fibre-optic businessNTT to hive off fibre-optic business

NTT to hive off fibre-optic business


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The government of Japan is reportedly considering hiving off Nippon Telegraph and Telephone Corp (NTT’s) fibre-optic business to form a new standalone company, the Yomiuri newspaper claims, without citing its sources.
The government of Japan is reportedly considering hiving off Nippon Telegraph and Telephone Corp (NTT’s) fibre-optic business to form a new standalone company, the Yomiuri newspaper claims, without citing its sources.

According to the paper, NTT is considering the plan as part of efforts to boost fibre-optic broadband penetration in the country which currently stands at around 30%.

The state is hoping to boost this to close to 100% by 2015.


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