Japan-based NTT Communications is planning to invest Rs 10 billion in India over the next 3 years. The move comes in the backdrop of the company applying for a long-distance licence to interconnect its data centres and client locations with optical fibre cables. The company has already invested around Rs 10.79 billion in the last 3 years in the country.

Further, the company has stated that it is not planning to acquire any Indian company in the near future as it feels that there are no synergistic assets available. However, the company may opt to lease some unused optic fibre cables.