NTT Forms Strategic Alliance with SBI Holdings to Enhance Financial Services

Nippon Telegraph and Telephone ( (JP:9432) ) has shared an update.

NTT has entered into a capital and business alliance with SBI Holdings to create innovative financial services and enhance customer convenience in a rapidly evolving digital society. This alliance includes NTT DOCOMO’s acquisition of SBI Sumishin Net Bank’s stock and aims to strengthen collaborations in banking, asset management, and renewable energy sectors, contributing to sustainable growth and societal development.

The most recent analyst rating on (JP:9432) stock is a Hold with a Yen160.00 price target. To see the full list of analyst forecasts on Nippon Telegraph and Telephone stock, see the JP:9432 Stock Forecast page.

More about Nippon Telegraph and Telephone

Nippon Telegraph and Telephone Corporation (NTT) operates in the telecommunications industry, providing a wide range of services including mobile communications, data communications, and system integration. NTT is a major player in the global telecommunications market, focusing on leveraging digital technology to enhance customer convenience and societal development.

Average Trading Volume: 171,867,963

Technical Sentiment Signal: Buy

Current Market Cap: Yen12904.6B

For an in-depth examination of 9432 stock, go to TipRanks’ Stock Analysis page.