According to Nikkei Business Daily and Reuters NTT has taken its target of 30m homes with fibre down to 20m.
It has some 12m connections or 26% penetration despite passing 90% of homes. Seems like the overwhelming demand for fast internet since the network started rolling out in 2001 has forced NTT to change its targets.
It doesnt take an Einstein to work out that the profitability from 20m homes is significantly less than 30m homes. NTT shareholders must be jumping for joy at the capital deployed and the returns on that capital.