2 days ago
"NTT" to become telecom giant's official company name in July
TOKYO (Kyodo) -- Japan's largest telecommunications provider, Nippon Telegraph and Telephone Corp., will change its official name to NTT Inc. on July 1 after shareholders approved the switch to the commonly used abbreviation on Thursday.
Noting the decades-old name no longer accurately reflects its contemporary areas of operation, which range from information and communication technology to real estate, Senior Executive Vice President Takashi Hiroi said the change will "enhance our brand as a leading global company."
The company said it will continue to use the signature "Dynamic Loop" design as its corporate logo.
The original name has been in use since NTT was established as a public corporation in 1952. It continued to be used through its privatization in 1985.
The name change became possible with the amendment of the Nippon Telegraph and Telephone Corporation Act last year, which loosened regulations on the company that has long provided vital public services.
