New Street: NTT Corp. (Buy) - Q3 20: Strong and a dividend increase
Following strong numbers from SoftBank Corp yesterday, and slightly less strong from KDDI earlier in the week, NTT has reported another strong set of Q3 figures, with group trends largely maintained or improved from surprisingly good Q2 levels.Nippon Telegraph and Telephone and its subsidiaries conduct the following main business activities: regional communications (domestic intra-prefectural communication services and incidental services), principally operated by Nippon Telegraph and Telephone East Corporation and Nippon Telegraph and Telephone West Corporation; long-distance and international communications (domestic inter-prefectural communication services, international communication services and incidental services), principally operated by NTT Communications Corporation; mobile communications, principally operated by NTT DOCOMO, Inc.; and data communications, principally operated by NTT DATA CORPORATION.
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