A week in Japanese tech
Telecommunications
- Nippon Telegraph & Telephone expects to double its group operating profit in the next three years. NTT says cost-cutting and new mobile services will help drive the companyÆs profits. However, the telecom giant did not point to any specific restructuring plans that the market had been looking for. NTT, parent of mobile operator NTT DoCoMo, is targeting strong performance in the mobile market, as well as new customers for its optical-fiber-network services.