TOKYO -- The Japanese government will consider selling its 34% stake in Nippon Telegraph and Telephone to help fund its defense buildup, a senior official from the ruling Liberal Democratic Party said Tuesday.
Full privatization of telecom company on the table, despite legal hurdles

The Japanese government is NTT's largest single shareholder, with a stake slightly above the legal requirement of one-third. (Photo by Kosuke Imamura)
TOKYO -- The Japanese government will consider selling its 34% stake in Nippon Telegraph and Telephone to help fund its defense buildup, a senior official from the ruling Liberal Democratic Party said Tuesday.