BRIEF-NTT To Tap US, South Korea Investors For $500M Optical Network Fund, Nikkei Reports

June 8 (Reuters) - Nikkei:

  • NTT TO TAP US, SOUTH KOREA INVESTORS FOR $500M OPTICAL NETWORK FUND

  • NTT'S IOWN FUND WILL BE JOINTLY OPERATED BY NTT AND PARTNERS FROM THE U.S., SOUTH KOREA, TAIWAN AND JAPAN

  • PARTNERS IN FUND INCLUDE SK GROUP, TAIWAN'S CHUNGHWA TELECOM AND DEVELOPMENT BANK OF JAPAN

  • ABOUT 20 COS EXPECTED TO PARTICIPATE IN NTT'S FUND, INCLUDING SAMSUNG ELECTRONICS

Further company coverage: 9432.T


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