NTT Group Increases Capital in NTT Global Data Centers Corp. to Further Strengthen Data Center Business
25.4.2019 09:00:00 EEST | Business Wire | Press release
NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group (TOKYO:9432), NTT Urban Development Corporation, Nippon Telegraph and Telephone Corporation (NTT Corporation), NTT Finance Corporation announced today that it has increased its capital in NTT Global Data Centers Corporation (NTT GDC), a subsidiary company handling centralized global construction, management and equipment wholesales for NTT group data centers. NTT GDC is capitalized at 1.25 billion JPY, of which 60% will be had share by NTT Com. And three other NTT Group companies newly acquired shares in NTT GDC, namely, NTT Urban Development Corporation (20%), NTT Corporation (10%) and NTT Finance Corporation (10%), all as of today.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190424006195/en/
NTT GDC oversees investment and asset-ownership functions for data center construction. Established last year, the company has increased the NTT group’s capacity to respond to rising demand for data centers and to further strengthen NTT Group’s data center businesses.
Going forward, these four companies will support NTT GDC in making efficient and flexible investments as well as financing and supporting operational systems related to data center business, aiming to achieve globally standardized service specifications and centralized contract management for global customers.
Tokyo-based NTT GDC is led by CEO Ryuichi Matsuo, concurrently the head of Data Center Services for NTT Com.
Related link:
NTT Communications to Establish NTT Global Data
Centers Preparatory Corporation to Strengthen Data Center Business
(press release on November 6, 2018)
https://www.ntt.com/en/about-us/press-releases/news/article/2018/1106.html
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View source version on businesswire.com: https://www.businesswire.com/news/home/20190424006195/en/
Contact information
For more information
Masaki Nomoto, Tadashi Takayama
Public
Relations Division
Corporate Planning Department
NTT
Communications Corporation
Tel: +81 3 6700 4010
Mail: pr-cp@ntt.com
Takeharu Asami, Shinichiro Kobari
Public Relations, Marketing Office
NTT
Urban Development Corporation
Tel: +81 3 6811 6241
Mail: nttud-pr@nttud.co.jp
Public Relations Office
Nippon Telegraph and Telephone Corporation
Tel:
+81 3 5250 5550
Mail: ntt-cnr-ml@hco.ntt.co.jp
Public Relations Division
Corporate Planning Department
NTT
Finance Corporation
Tel: +81 3 6455 8908
Mail: kouhou@s1.ntt-finance.com
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