Nippon Telegraph & Telephone Corp. has big plans for a broadband content company, a fiber-optic Internet access service and reduced rates on certain services, the Tokyo company reported in its three-year business plan.
NTT also plans "the reallocation of personnel from NTT East and NTT West to other companies in the Group," the plan says.
NTT plans to "muster its entrepreneurial resources to create a company whose mission is to develop broadband content services. … Beyond this, the company will aim at further development of the demand for broadband content … making the most of the strengths of fiber-optic transmission services and next-generation mobile services," it states.
The company also lists a lengthy R&D plan that includes research into optical networks for ultra-high-speed, flexible and diverse services at a low cost. The networks consist of fiber-optic or optical/wireless converged access systems and high-volume, fiber-optic backbones.
Also in the R&D plan: ultra-high-capacity memory cards designed to bring about a radical reconception of the relationship between networks and terminal devices, NTT reports.
Staff reallocations affect tens of thousands, but President Junichiro Miyazu said it doesn't mean the company is cutting staff, The Wall Street Journal reports.