Proposals to amend the telecom law being worked out by the government will probably not call for the dismantling of the current holding company structure of Nippon Telegraph and Telephone Corp., according to draft bills obtained Wednesday by Kyodo News.
This represents a major setback for proposals made by a government advisory panel in late December calling for the dissolution of the holding firm structure unless competition is enhanced in the telecommunications market.
In a report submitted to the then posts and telecommunications minister on Dec. 21, the Telecommunications Council encouraged NTT to work out a plan to promote competition among group firms to pass on benefits such as reduced phone charges to users.