NTT on Tuesday announced a major restructuring affecting several of its principal subsidiaries, including Dimension Data, NTT Communications and NTT Data, intended to make the group “more competitive and profitable” on the global stage.
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Japan’s Nippon Telegraph and Telephone Corp will merge its subsidiaries Dimension Data, NTT Communications and NTT Data, Nikkei Asia Review reported, confirming a report last week by TechCentral about the plans.
Dimension Data and its parent, Nippon Telegraph and Telephone Corp, are poised to announce a major restructuring as early as next week, according to sources who claim to have knowledge of the situation.