AP NEWS

Establishment of NTT Global Sourcing, Inc.

September 12, 2018

TOKYO--(BUSINESS WIRE)--Sep 11, 2018--Nippon Telegraph and Telephone Corporation (NTT; Head Office: Chiyoda-ku, Tokyo; President & CEO: Jun Sawada)(TOKYO:9432) will establish a new company specializing in procurement in November 2018 (schedule), which will bring together the procurement volume of each Group company and engage in centralized price negotiations and the execution of comprehensive agreements with global vendors, etc. The new company will be under NTT, Inc., which is scheduled to be established by the third quarter of the fiscal year ending March 31, 2019.

1. Purpose and Role NTT will establish, in the United States, a procurement company that will engage in centralized price negotiations and the execution of comprehensive agreements with global vendors, etc. for hardware, software, and services purchased in common by each Group company. Each Group company will individually procure products and services from each global vendor, etc. based on the comprehensive agreements executed by the procurement company. Through such activities, the NTT Group will work to improve the presence of the NTT Group in the global market, reducing the Group’s total costs, and providing lower-priced, innovative services to clients.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180911005890/en/

CONTACT: For further information, please contact:

Inquiries from the press:

Nippon Telegraph and Telephone Corporation

Public Relations Office

ntt-cnr-ml@hco.ntt.co.jp

or

Inquiries from others:

Nippon Telegraph and Telephone Corporation

Global Procurement Office

global_procurement-ml@hco.ntt.co.jp

KEYWORD: UNITED STATES ASIA PACIFIC NORTH AMERICA JAPAN

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE SOFTWARE TELECOMMUNICATIONS OTHER TECHNOLOGY

SOURCE: Nippon Telegraph and Telephone Corporation

Copyright Business Wire 2018.

PUB: 09/11/2018 10:00 PM/DISC: 09/11/2018 10:01 PM

http://www.businesswire.com/news/home/20180911005890/en

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