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THE TOTAL NUMBER OF PAGES CONTAINED IN THIS DOCUMENT IS 4
FORM 6-K
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of December 2000
NIPPON TELEGRAPH AND TELEPHONE CORPORATION
(Translation of registrant's name into English)
3-1, OTEMACHI 2-CHOME
CHIYODA-KU, TOKYO 100-8116, JAPAN
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.
Form 20-F X Form 40-F ___
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Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ____ No X
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If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b):
82-____________.
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2
ANNOUNCEMENT OF THE REDUCTION OF USAGE CHARGES FOR LOCAL PHONE CALLS:
On December 22, 2000, Nippon Telegraph and Telephone East (NTT EAST) and
Nippon Telegraph and Telephone West (NTT WEST) notified Tokyo Stock Exchange
("TSE") of (1) the reductions of usage charges for a three-minute local call
effective in 2001 and (2) the estimated scale of decrease in terms of annual
revenue resulted from this reduction plan.
Attached hereto is an English translation of the notice filed with TSE.
The forecasts made with respect to the information (2) above contain certain
forward-looking statements. The registrant desires to qualify for the "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995, and
consequently is hereby filing cautionary statements identifying important
factors that could cause the registrant's actual results to differ materially
from those set forth in the attachment.
Such forecasts are based on a series of projections and estimates regarding
the economy and the telecommunications industry in Japan in general.
No assurance can be given that the registrant's actual results will not vary
significantly from the included projections.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
NIPPON TELEGRAPH AND TELEPHONE
CORPORATION
By /s/ Hiroo Inoue
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Name: Hiroo Inoue
Title: General Manager
Department IV
Date: December 26, 2000
<PAGE>
December 22, 2000
Reduction of Charges for Local Phone Calls
Nippon Telegraph and Telephone East (NTT EAST) and Nippon Telegraph and
Telephone West today (NTT WEST) submitted notifications to the Minister of Posts
and Telecommunications concerning reductions to fees charged for local phone
calls.
1. Reductions and implementation dates
The current charges of (Yen)10 per 3 minutes for local phone calls (daytime
and nighttime) will be reduced to (Yen)8.8 per 3 minutes effective May 1,
2001.
In addition, to stay competitive in the Tokyo metropolitan market, NTT East
will reduce its charge for local calls in two stages: to (Yen)9 per 3
minutes effective Jan. 1, 2001, and to (Yen)8.8 per 3 minutes effective
May 1, 2001.
Charges for subscriber lines and ISDN
<TABLE>
<CAPTION>
Daytime Nighttime Late night / early morning
<S> <C> <C> <C>
Time
period 8 a.m. 7 p.m. 11 p.m.
to to to
7 p.m. 11 p.m. 8 a.m.
Also includes
Distance weekend and
category holiday daytime
calls
Currently (Yen)10 per 3 minutes Currently (Yen)10 per 4 minutes
Local (calls NTT East only
within Jan. 10, 2001: (Yen)9 per 3 minutes (Yen)9 per 4 minutes
message
area) NTT East and West
May 1, 2001: (Yen)8.8 per 3 minutes (Yen)8.8 per 4 minutes
</TABLE>
Note: For other call distance categories, no modifications are planned for
the current (Yen)10 unit charge or the number of seconds counted per
incremental surcharge.
2. Scale of reduction in terms of revenue (per annum, at the (Yen)8.8 charge per
3 minutes) NTT East and West are each expected to register a (Yen)45.0
billion decrease in revenue.
Note: Also, as a result of the advance implementation of its (Yen)9
charge per 3 minutes, NTT East is expected to record a decrease of about
(Yen)12.0 billion in revenue over the 4-month period from Jan. 10 to April
30, 2001.
For inquiries, please contact:
. NTT East Planning Department TEL: 03-5359-3930
E-mail:[email protected]
. NTT West Planning Department TEL: 06-4793-3486
E-mail:[email protected]
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