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.http://www.ntt.co.jp/news/news08e/0805/080513c.htmlhttp://www.kt.com/