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NTT Seeks up to $864 Million in Data Centre REIT’s Singapore IPO, Term Sheet Shows

Summary by Reuters
Japanese telecom giant NTT is seeking to raise roughly $864 million in a Singapore IPO for a data centre REIT if an overallotment option is included, according to a term sheet that marked the start of the bookbuilding process.Read MoreThe post NTT seeks up to $864 million in data centre REIT’s Singapore IPO, term sheet shows first appeared on The Who Dat Daily.

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On the 1st, NTT held a ceremony in Tokyo to mark the change of the company name from "Nippon Telegraph and Telephone" to "NTT." The change was made to the company name from its better-known nickname in order to expand its overseas business. The company will focus on growth areas together with the NTT Data Group, which it plans to make a wholly owned subsidiary.

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Mingtiandi broke the news in on Sunday, June 29, 2025.
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