DCF Advises on another Global IT Services Transaction
Deloitte Corporate Finance LLC (DCF) is pleased to announce its role as the financial advisor to NTT Communications Corporation. DCF was assisted by its related entity in Australia, Deloitte Services Pty Ltd (Deloitte Australia). NTT Communications Corporation (NTT Com) and Frontline Systems Australia Pty Ltd (Frontline) jointly announced that NTT Com will purchase 70% of the issued shares of the Australian firm, which provides IT infrastructure, IT consulting and managed services, an alliance which enables NTT Com to expand its range of global ICT services.
About NTT Communications Corporation
NTT Communications provides a broad range of global networks, management solutions and IT services to customers worldwide. The company is a leading provider of reliable, high-quality security, hosting, voice, data and IP services, as well as managed networks and IPv6 transit technology. NTT Communications is the wholly-owned subsidiary of Nippon Telegraph and Telephone Corporation, one of the world’s largest telecoms with listings on the Tokyo, London and New York stock exchanges.
About Frontline Systems Australia
Established in 1993, Frontline Systems is a privately held IT business headquartered in Sydney Australia with 200+ employees. Frontline is built around the provisioning of Managed Services, Professional Services and Enabling Infrastructure to its large client base in Australia and Singapore. Its clients include some of the largest of Australian businesses from telecommunications, banking and government.