US EditionRevised NTT law approved, rivals issue warning
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Revised NTT law approved, rivals issue warning
Japan’s parliament approved a bill to modify a law governing NTT’s operations, but rivals cautioned further consolidation of the group’s assets via organisational and business integration could hinder the industry’s fair competitive environment. In a joint statement, KDDI, SoftBank Corp and Rakuten Mobile warned that as NTT consolidates its business units, with plans to take NTT Data private, efficiency and group profits could be prioritised, wh…
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