Nippon Telegraph & Telephone Corp. (NTT), the largest integrated telecom operator in Japan, has taken a major strategic move to boost its cloud computing and integrated communications services businesses throughout the world. NTT’s strategy is to maintain its leadership position in the domestic telecom market and siege selected international opportunities to drive long-term growth. However, in last one year, the company is desperately trying to establish its NTT Communications division as global IT service provider.
NTT Communications offer IP VPN, data center, and network security services to several large and geographically diversified business enterprises. It has more than 3,000 global customers throughout the world. NTT completed a series of acquisitions for NTT Communications division in the past one year.
Recently the company acquired Secode, a managed services and security consulting services firm in Sweden. In July 2009, it purchased Integralis, a German systems integrator. In April 2010, NTT purchased Emerio Globesoft, a Singapore-based outsourced IT service provider.
In July 2010, NTT declared a major acquisition of Dimension Data, a South Africa-based leading global IT solutions firm, for a consideration of about $3.23 billion. The deal is expected to be completed by end-October 2010. Dimension Data has over 6,000 customers in 49 countries.
Successful integration of all these newly acquired firms into its existing networking and IP service structure will enable NTT Communications to become an international giant offering virtually a complete suite of integrated communications and IT services to any enterprise in any part of the world. We believe these series of acquisitions will provide NTT the necessary scale and technology to formidably compete with other giant cloud computing firms. This includes AT&T (T), Verizon Communications Inc. (VZ), BT Group Plc. (BT), Vodafone Group Plc. (VOD), and Orange.
BT GRP PLC-ADR (BT): Free Stock Analysis Report
NIPPON TELE-ADR (NTT): Free Stock Analysis Report
AT&T INC (T): Free Stock Analysis Report
VODAFONE GP PLC (VOD): Free Stock Analysis Report
VERIZON COMM (VZ): Free Stock Analysis Report
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