KDDI turns to telegrams to crack NTT monopoly

24 Jun 2008

Japan’s second largest telecoms group KDDI Corp is partnering Nippon Express Company to enter the domestic telegram market in Japan, in a bid to break Nippon Telegraph and Telephone Corp’s (NTT’s) stranglehold on the segment, the Nikkei daily reports. From 1 July KDDI will launch a telegram service via nine delivery centres across the country. It hopes to secure a 20% market share within three years. Although the telegram segment is in decline, the Japanese market is nonetheless worth an estimated USD557 million per annum.

Japan, KDDI (au)