NTT Comm sets up new Filipino unit for Japanese corporates

NTT Communications Corp has established a new unit in the Philippines to provide ‘network integration’ services to Japanese corporate firms based in the country. NTT Com says the new service will be run in coordination with local affiliate and national PTO, Philippine Long Distance Telephone (PLDT). NTT Communications Philippines Corp has been set up with authorised capital of PHP150 million (USD3.1 million), almost all of which was acquired by its Japanese parent.