NTT to launch a new global technology services provider - NTT Ltd.

Nippon Telegraph and Telephone Corporation (NTT Corporation) has launched NTT Ltd. including NTT Communications, Dimension Data and NTT Security into one US $11 billion business.

Headquartered in London, employing around 40,000 people in offices across 70+ countries and regions, the new NTT company delivers unparalleled capabilities and global scale focused on doing great things for people, businesses and society.

Jun Sawada, President and CEO for NTT Corporation, says, “I’m delighted to announce that we launched NTT Ltd. today. When we combine the new capabilities of NTT Ltd. along with NTT DATA, we create a top five global technologies and business solutions provider with US$20 billion revenues outside of Japan. Going forward, we will accelerate our execution as one NTT in order to contribute to a smarter and better world through digital transformation.”

Theresa May, UK Prime Minister comments, “Britain has a long standing and proud reputation as a global tech leader and it’s fantastic that NTT Ltd. has chosen London for its global headquarters. A key part of our modern Industrial Strategy is to put the UK at the forefront of the tech and data revolution, and they will join many other world-leading companies who call Britain home”.

By bringing together these companies, NTT Ltd. is offering -

* Clients access to a more comprehensive range and greater depth of skills across multiple technologies and capabilities

* Global technology and managed services that are world leading in scale and depth

* Improved ability to deliver more in-depth industry solutions for our clients

* World-class managed services platforms with the ability to deliver local customizations to meet clients’ needs in each market

* Increased investment in innovation and R&D.

The new company already partners with over 10,000 clients around the world including the world’s leading organizations in financial services, pharmaceuticals, telecommunications, energy & utilities, manufacturing, automotive and technology sectors. Companies already benefitting from NTT’s intelligent technology solutions to deliver on the promise of a connected future include Tour de France, ALMA, City of Las Vegas, Connected Conservation, ISPPC, Alcatel and NXP.

Tsunehisa Okuno, Chairman for NTT Ltd. and Executive Vice President for NTT Corporation says, “Today NTT continues its 120-year heritage of always listening to and innovating for our clients. Along with creating a very strong technology and managed services provider in NTT Ltd. we have also increased our commitment to invest more in R&D, new technology startups through our venture capital fund, and developing our own disruptive innovation business team. We see the opportunity to help our clients and communities more effectively when we bring all of these capabilities together.”