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Sunday, November 14, 2004

NTT to invest US$ 45 Billion over 6 years

Softbank is rapidly becoming the third universal telco in Japan, targeting NTT's most important income streams. KDDI of course is also targeting NTT's fixed line income. On November 2, 2004, NTT announced plans to compete: NTT will invest 5 Chou YEN (YEN 5000 Billion = US$ 45 Billion) over 6 years (2005-2010), i.e. about US$ 7.5 Billion/year. 60% of this investment will be for optical IP networks. NTT plans to build about 30 million FTTH lines.





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