The government decided at a cabinet meeting on the 1st to submit a bill to amend the NTT Act to the current regular session of the Diet, and the abolition of the law, which had been a focus, was expressed in the supplementary provisions as ``considering including abolition'', and next year's This leaves room for discussion.
Regarding the NTT Act, the Ministry of Internal Affairs and Communications has been discussing issues such as the obligation to provide fixed-line telephone services and other uniform services nationwide, and the state of NTT's international competitiveness.
On the other hand, the Liberal Democratic Party has compiled a proposal calling for the law to be abolished after taking the necessary measures, and all major telecommunications companies, excluding NTT, are opposing the repeal, arguing that it will hinder a fair competitive environment.
Under these circumstances, the government decided at a Cabinet meeting on the 1st to submit a bill to amend the NTT Act to the current regular session of the Diet.
Regarding the abolition of the law, which was the focus of the proposed amendment, the supplementary provisions state that the law will be "considered, including abolition," leaving room for discussion without limiting it to abolition.
After that, he said, ``We will submit a bill to take the necessary measures at next year's regular session of the Diet.''
On the other hand, the proposed amendments include eliminating the obligation for NTT to disclose research results, relaxing regulations on foreign executives, and allowing companies to change their names.
The focus will be on how discussions will proceed next year regarding the repeal of the law that would have further increased NTT's management and business freedom.