Politics
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.