According to The Nikkei Asia, Nippon Telegraph & Telephone on Tuesday announced the completion of its tender offer for the remaining shares in subsidiary NTT Docomo, a move it sees as key to seizing the initiative for the next level of wireless technology after its slow start on 5G.
At NTT's annual R&D forum, President Jun Sawada suggested that the wireless carrier will be integral to IOWN, the telecommunications group's vision for networks based on optical technology, seen as key to unlocking sixth-generation wireless.
"By making Docomo stronger, we want to promote activity that will make Japan and the world more prosperous through IOWN," Sawada said.
The IOWN, or Innovative Optical and Wireless Network, initiative aims to develop networks that can handle data volumes 100 times as high as existing technology, with minimal lag. Should this bear fruit, NTT sees it as an opportunity for Japan, which has been outpaced in 5G by China, South Korea and Western countries, to lay the foundation for future global networks and for NTT itself to compete with the likes of Google and China's Huawei Technologies.
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