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NTT Corp amalgamates capabilities in tech field, sets up headquarters in London 

NTT Corp amalgamates capabilities in tech field, sets up headquarters in London 

MONDAY, July 01, 2019
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Nippon Telegraph and Telephone Corporation (NTT Corporation) on Monday launched NTT Ltd, a global technology services provider that brings together the capabilities of 28 companies including NTT Communications, Dimension Data and NTT Security into one US$11 billion (Bt37.4 billion) business.

Headquartered in London and employing some 40,000 people in offices across 70 countries and regions, the new NTT aims to deliver unparalleled capabilities and is focused on “doing great things for people, businesses, and society”, according to its press release.
President and chief executive of NTT Corporation, Jun Sawada said that this amalgamation serves to create a top-five global technology and business solutions provider with US$20 billion revenues outside of Japan. Going forward, the company will accelerate its execution as one NTT in order to contribute to a smarter and better world through digital transformation.
“We are also excited to confirm that our global headquarters for NTT Ltd will be in London and that our commitment to the UK remains extremely strong. We considered several locations as the headquarters for and made a deliberate decision to choose London. It has many benefits, including a stable economy, wealth of skills and talent, diversity in population and thinking, strong infrastructure, schools, and housing for global talent moving to the city. In short, it's a great city to live and work in, and we're excited that we are making it the home for our new business," he said.