NTT stands for Nippon Telegraph and Telephone Corporation, a major telecommunications company in Japan. Founded in 1952, it is one of the largest telecommunications companies globally, providing various services including fixed-line and mobile telephony, internet services, and system integration. NTT plays a significant role in the development and operation of telecommunications infrastructure in Japan and has expanded its presence internationally. It includes several subsidiaries and business segments that address different aspects of telecommunications and technology.
NTT Corporation's net profit dropped by 15.9% year-on-year, totaling ¥850.6 billion for the third quarter. The company's annual profit target of ¥1.1 trillion now stands at only 77.3% of the…