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

    Picture of Samsung Electronics Co logoSamsung Electronics Co
    Mon 18:31
    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

     ((Reuters.Briefs@thomsonreuters.com;))

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