TOKYO, March 24 /PRNewswire/ --
NTT Communications (NTT Com) announced today that it will establish a physical presence in the Russian market by opening a representative office in Moscow on April 1.
The office, which will start with a staff of five, will engage primarily in researching the Russian telecommunications market and promoting NTT Com's wide variety of services for enterprise customers.
According to Kazuyoshi Terada, Vice President of Business Strategy, Global Business Division, "The NTT Communications Moscow Representative Office will strengthen NTT Com's ability to develop and serve multinational enterprise customers who require high-quality one-stop ICT solutions and network resources in the Russian market."
Russia has become an extremely attractive market for multinational corporations due to its rapid economic growth in recent years. Its GDP in 2007 grew 7.6 %, led largely by non-tradable services and goods for the domestic market, as opposed to oil and mineral extraction and exports in recent years.
To meet the rising demand for network connection between the Far East and Europe, NTT Com and TransTelecom Company CJSC, Russia's leading backbone telecom operator, formed a partnership in February 2007 to establish a 500 km high-capacity undersea fiber-optic cable. The Hokkaido-Sakhalin Cable System (HSCS) has the capability of transmitting data at up to 640 gigabits per second between Ishikari, Hokkaido in Japan and Nevelsk, Sakhalin in Russia.
About NTT Com
NTT Communications Corporation (NTT Com) provides information and communications technology (ICT) solutions worldwide with dedicated professionals stationed in 21 countries. Renowned as an IPv6 technology pioneer and managed service expert, NTT Com offers diverse high-quality IP, Web-based, and managed network solutions combining network management, security, ubiquitous, Web portals/engines, and global services. Its world-class Tier 1 Internet backbone and secure closed networks with over 98,000 MPLS ports, combined with the networks of partner companies around the world, connect more than 200 countries. The company earned non-consolidated revenues exceeding one trillion yen (about 10 billion USD) in fiscal 2006 ended March 31, 2007. NTT Com started as a long-distance phone company in 1999 after the reorganization of the NTT Group, and is the wholly-owned subsidiary of NTT, one of the world's largest telecommunications companies. NTT is listed in Japan, London and New York stock exchanges. Please visit www.ntt.com.
Contact: Go Akimoto or Shihoko Kato Global Business Division NTT Communications Tel. +81-3-6800-4500 E-mail: marketing-gl@ntt.com
Website: http://www.ntt.com
Go Akimoto or Shihoko Kato, Global Business Division of NTT Communications, +81-3-6800-4500, marketing-gl@ntt.com
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