NTT stands for Nippon Telegraph and Telephone Corporation, a major telecommunications company in Japan. Established in 1952, it is one of the largest telecommunications providers in the world, offering a wide range of services including fixed-line and mobile telephony, internet services, and network solutions. NTT plays a significant role in the development and deployment of telecommunications infrastructure and technology, both within Japan and internationally. The company is also involved in research and development, particularly in the fields of telecommunications and information technology.
NTT Corporation reported a 15.9% drop in consolidated net profit, totaling ¥850.6 billion. The company has maintained its full-year profit forecast of ¥1.1 trillion, but current performance is below average.…