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Nippon Telegraph & Telephone , commonly referred to as NTT , is the fifth most valuable telecommunications company according to Forbes , with a market value of $ 96bn . Headquartered in Tokyo , Japan , the business generated $ 105bn in sales and $ 8bn in profit last year . While Nippon Telegraph and Telephone is listed on the Tokyo , Osaka , New York , and London stock exchanges , the Japanese government still owns roughly one-third of the company ’ s shares . www . ntt . co . jp

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