Word: ntt
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Dates: during 1990-1999
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...year ago, we were getting lots of sideways glances," says Jon Corshen, V.P. of product marketing for Tradex, based in Tampa, Fla., which built the Metalsite vertical market and NTT's internal marketplace, among others. But eBay's rousing success last Christmas solidified the idea's legitimacy. "Since January," he says, "you can't stop hearing about marketplaces. People are figuring out that if you're just sitting there with a Rolodex, you may be at a disadvantage...
Katszushiko Nakamizo, a rower with NTT Tokyo who was going to participate in the event, was among a number of visitors who, having been washed away from the river, explored Harvard Square...
...success, Akimoto and other cable executives maintain, is to provide customers with local telephone service practically free of charge, a come-on that has worked well for cable companies in Britain. While the MPT is willing to allow cable firms to provide phone service, a big question remains: NTT, until now the monopoly provider of local phone service, is not eager to let the cable companies connect to its network. Its basic phone service already loses about $1.3 billion a year because the government sets the rates. In several recent decisions, the MPT has forced NTT to give its competitors...
...cellular-phone problem illustrates how even the most competitive American products -- Motorola claims 40% of the global cellular market -- can be tripped up in Japan. In 1987, when it privatized the national phone company, Nippon Telegraph & Telephone, Japan's government divided the country into two cellular-phone regions, with NTT operating in both and one fully private competitor in each. Though it has flourished elsewhere in Japan, Motorola maintains that it has been handicapped in the Tokyo-Nagoya corridor, the more profitable of the two areas, where its phones are incompatible with the NTT transmitting system...
...member work force by 5,000. The car company's troubling news is only the latest downtick in Japan's deepening recession. The country's aggregate corporate earnings are down for an unprecedented third year, promising plenty of blue-chip company for Nissan. In other bad news, telecommunications giant NTT announced that it would cut 30,000 employees over three years. And Matsushita president Akio Tanii resigned, accepting responsibility for a sharp drop in profits, owing in part to costs associated with 700,000 defective refrigerators. Making matters worse is the sudden rise of the yen to a record high...