By Kate Hanaghan, 29 November 2001 10:46
NEWS Japan Telecom's new president Bill Morrow vowed he will do some serious streamlining to haul the company back on track and re-gain focus on its strongest areas. Over the coming weeks Morrow and his management team will assess exactly what areas of the company drive the most revenue. Vodafone has a 66 per cent stake in the company and is eager for Japan Telecom to get back to profitability as soon as possible. Vodafone's concern is also hinged on the fact that JT's financial results will now be consolidated into its own.
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