NTT Headed for India – Analyst Blog
Zacks Market Commentaries (November 19th, 2009) Writes:
The severe economic recession and maturity of the Japanese telecom market have compelled Nippon Telegraph & Telephone Corp. (NTT) to look at other geographies. Industry sources say the company has started negotiations with Patni Computer Systems, the sixth largest software services exporter of India , to acquire 66% stake in the latter. Entry into India will unlock the $60 billion IT and ITES (IT enabled services) market to Nippon. In the last reported quarter, Patni generated approximately $166.75 million in revenue and around $33.7 million of net profit.
Nippon, the largest telecom operator in Japan is facing strong competition in the Japanese wireless market and from the potential impact of low-cost, fixed-line services, such as “voice-over-Internet protocol" (VoIP). In order to maintain its leadership position, the company has taken various measures in the domestic telecom market and also decided to capture selected international opportunities to drive long-term ...
Tags for this Post:
3g, Analyst, broadband, fixed-line services, GSM, HCL Technologies, India, Integralis AG, Investing Lessons, Japan, London, long distance and international phone businesses division, major software developer, Nippon Telegraph & Telephone Corp., Nippon;, NTT Communications, NTT DoCoMo, Paris, Patni Computer Systems, private networks, security services, software developer, software services exporter, Stocks to Watch, Tata Teleservices Ltd, telecom operator, United States, USD, Voice Over Internet Protocol, voip, VPN, Wireless Carrier, wireless market, wireless subsidiary, Zacks Market Commentaries
3g, Analyst, broadband, fixed-line services, GSM, HCL Technologies, India, Integralis AG, Investing Lessons, Japan, London, long distance and international phone businesses division, major software developer, Nippon Telegraph & Telephone Corp., Nippon;, NTT Communications, NTT DoCoMo, Paris, Patni Computer Systems, private networks, security services, software developer, software services exporter, Stocks to Watch, Tata Teleservices Ltd, telecom operator, United States, USD, Voice Over Internet Protocol, voip, VPN, Wireless Carrier, wireless market, wireless subsidiary, Zacks Market Commentaries


![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
