NTT America, a global IP network services provider and a U.S. subsidiary of NTT Communications Corporation, announced its Latin American affiliate NTT do Brazil joined AHCIET, the Ibero-American Association of Research Centers and Telecommunication Enterprises. This membership solidifies NTT Communications’ footprint in the Latin American market.
“We are honored to become a member of such an influential and prestigious organization whose goals of promoting - through telecommunications - training, market and business opportunities, as well as the global information society clearly aligns with NTT Com’s role as a world leader in telecom,” said Kazuhiro Gomi, CTO of NTT America and vice president of the NTT Com Global IP Network.
With Internet trafficking growing and the U.S. becoming less centric, countries such as China and India and creating additional market opportunities in other global regions. NTT Com’s union with AHCIET was realized because of Latin America’s growing demand for IP transit services. The company also includes some of the continent’s largest carriers. NTT Com’s participation in AHCIET will enable the company to leverage its global expertise to inform the variety of programs the organization offers for business.
“Latin America is a very attractive market for international carriers,” commented TeleGeography Vice President of Research, Tim Stronge. “International Internet traffic to and from Latin America grew 120 percent in the past year, more than twice the global average.”
NTT's net income rose 28% over the six months ending in September, reaching $572 million, despite a $131 million decrease in revenue over the period.
As a result, the company has added $112 million to its projected net income, and now expects to earn $837 million.
Jessica Kostek is a channel editor for TMCnet, covering VoIP, CRM, call center and wireless technologies. To read more of Jessica’s articles, please visit her columnist page.
Edited by Jessica Kostek