Monday, May 12, 2008

NTT and KT Venture Forum Targets NGN Applications

NTT and KT announced plans for a "Venture Forum" (provisional name) for developing new business models which will enable both companies to expand into new areas in the global IT industry. The "NTT-KT Venture Forum" will work with other companies, including startup companies, toward the early development and commercialization of applications and other services for broadband and next-generation networks.

A kick-off Forum and a MOU signing ceremony will be held in Silicon Valley in July, and a subsequent Forum is planned for Seoul.


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