Nippon Telegraph & Telephone Corp. (ntt), Tokyo, plans to lay underwater cable with Cable &

Nippon Telegraph & Telephone Corp. (ntt), Tokyo, plans to lay underwater cable with Cable & Wireless (Marine) plc, a subsidiary of British Cable & Wireless plc. ntt currently employs 100 people on a cable-laying project linking the Japanese islands. The company anticipates spinning off the group into a new firm, with Cable & Wireless (Marine) expected to take a 25% share. Cable & Wireless (Marine) and the new company will solicit orders for cable laying and maintenance projects in the Pacific and Southeast Asia regions.