For Immediate Release
December 11, 1997
NTT Establishes NTT Australia Pty. Ltd.
NTT Australia Pty. Ltd., a wholly owned subsidiary of Nippon Telegraph and Telephone Corporation (NTT), was established today.NTT last September launched its global telecommunications services through its subsidiaries and associates in Asia including Japan, Europe, and North America. To expand its service coverage, NTT Australia Pty. Ltd. will serve as an operations base in the Oceania region.
NTT also plans to set up new overseas representative offices in Seoul and Taipei on December 15 in anticipation of future business development in these Asian regions.
The NTT Group is continuing to expand and develop global telecommunications services to satisfy customer demand.
Outline of NTT Australia Pty, Ltd.
Location: Sidney, Australia
President: Kazuhiro Yamagishi
Operations: Global telecommunications and system-integration servicesin Australia.
Capital: 4.4 million Australian dollars (400 million yen; 100% financed by NTT)
Structure*:
Employees*: Approximately 10
Schedule: The company will immediately launch sales activities and other preparations prior to commencing services next year.
*Note: To be expanded as needed.
