Home Politics NTT Unit Said to Seek $1 Billion to Develop Data Centers in US
Politics

NTT Unit Said to Seek $1 Billion to Develop Data Centers in US

NTT Unit Said to Seek $1 Billion to Develop Data Centers in US
Key Points

The Nippon Telegraph and Telephone Corp. (NTT) logo outside Otemachi First Square, which houses the company's head office, in Tokyo, Japan, on Thursday, May 8, 2025. NTT plans to take over NTT Data Group Corp. in a deal worth ¥2.37 trillion ($16.5 billion), broadening its AI ambitions while heeding regulators’ calls for Japanese conglomerates to streamline unwieldy structures.

The Nippon Telegraph and Telephone Corp. (NTT) logo outside Otemachi First Square, which houses the company's head office, in Tokyo, Japan, on Thursday, May 8, 2025. NTT plans to take over NTT Data Group Corp. in a deal worth ¥2.37 trillion ($16.5 billion), broadening its AI ambitions while heeding regulators’ calls for Japanese conglomerates to streamline unwieldy structures.
NTT Unit (ORG) Develop Data Centers (ORG) US (LOCATION) The Nippon Telegraph (ORG) Telephone Corp. (ORG) NTT (ORG) Otemachi First Square (LOCATION) Tokyo (LOCATION) Japan (LOCATION) NTT Data Group Corp. (ORG) Japanese (ORG)
Originally published by Bloomberg Technology Read original →