FOR INFORMATION
August 28, 1998

NTT Establishes Subsidiary to Launch Arcstar Services in Taiwan



Nippon Telegraph and Telephone Corporation (NTT) has established NTT Taiwan Ltd., a wholly owned subsidiary, as an operations base of NTT's global telecommunications services in Taiwan, which is to start services on September 1. NTT initiated its global telecommunications services through overseas subsidiaries in September last year.

The NTT Group will provide global-scale international telecommunications services by developing operation bases that meet customers' demands.




Name of Company:NTT Taiwan Ltd.
Address:7F-E Hung Tai Century Tower
No. 156 Min-Sheng East Road Sec, 3, Taipei
Tel: +886-2-2547-2561
President:Sumiya Miyoshi
Content of Operation:Provision of global telecommunications services and system integration services in Taiwan. Also, consulting and development of intranet, extranet and network security.
Capital:100 million New Taiwan Dollars (approximately 400 million Yen) (100% investment by NTT)
Organization:At beginning of operation, as follows:
Organization
Employees:For the time being, approximately 10.
Immediate Schedule:Services will start from September 1.



NTT NEWS RELEASE