NTT Com is known as a subsidiary of global telecom leader NTT Corp. they are in the 31st rank in Fortune’s Global 500 list in 2011. NTT Communications Corp., the Japanese telecom giant, had invested in the Philippine information technology business process outsourcing (IT-BPO) industry. The company had shared their capital with Diversified Technology Solutions International Group, the leading IT outsourcing company.

According to the news, NTT Com had closed a deal to buy a 50.1 percent stake in Freedom Resources Holdings Corp., the holding company of the DTSI Group. Thus, this made Freedom Resources Holdings Corp. a sister company of NTT Com. The DTSI Group was founded by local tycoon Miguel Garcia 15 years ago. The company deals with creating systems and providing services for IT-BPO operators. Another company under DTSI Group is Anthem, Inc. They also emerged in building and leasing BPO platforms to other companies. NTT Com and DTSI Group tie-up expects contact center progression in the country. Miguel Garcia will now manage DTSI systems integrator which schemes, builds, installs and handles end-to-end business communications systems, IT services and other contact center services. The company plans to support their systems with Filipino culture. Their main goal is to be committed to their clients and to the country. NTT Corp.’s started in Japan. The privatization issue in 1985 made them expanded into new markets acquiring new subsidiaries. Recently, the company had operating revenues of $130 billion as of March 31. The group operations happen in 78 cities in 30 countries outside Japan. Their new investments proved that their company is growing fast and they are proud of the performance of their people. DTSI Group’s yearly joined revenue is about P2 billion with 243 employees. The company’s growth rate is more than 20 percent in the last few years. They are also involved in the success of BPO companies such as Covergys, Teleperformance and JP Morgan.

Shared services are being offered by international investors in various industries such as banking, insurance, energy and engineering. Since more Filipinos become well-conversant in the English language, global companies became more attracted in the Philippines. [via bpap.org]