NTT Investing in Twitter

February 1, 2008 |

[warning - pure speculation and rumors ahead - proceed with caution]

Lots of rumors swirling around about Twitter today as the company went through yet another series of prolonged service outages.

According to TechCrunch’s Duncan Riley’s ’sources,’ the Japanese teleco NTT might be about to make a major investment in Twitter - and because NTT owns Verio, it would make sense for them to move there:

According to one source, the move to Verio wasn’t related to issues with Joyent, but due to a yet to be disclosed investment from Japanese telco NTT, who are also the full owners of Verio. They did not provide the amount of the investment or terms, but they suggested it was finalized at the same time the Digital Garage investment was announced.

I agree with Duncan that Twitter’s roots as a mobile service would make this a good fit. Twitter so far has declined to comment, which could, of course, mean anything.

Biz Stone, in an email I got from him earlier today, did mention that they weren’t making any partnership announcements just yet and that we should remain patient. I guess one could read that in a way that would make it seem like an announcement is going to come soon.

Ah - the joy of purely informed speculation. Maybe we will know more tomorrow.

Technorati tags:

Share This

Related Posts

Comments

3 Comments so far

  1. Alan Wilensky on February 1, 2008 12:46 am

    Even if Verio is owned by NTT,why would Twitter allow for such disruption by moving the service before nailing down issues of reliability?

    Just because a new owner or investor owns hosting infrastructure is no reason to push a preemptive move of such herculean proportions.

    Then again, the text messaging…..profits…ease of gateway interconnect….speculation.

  2. Frederic on February 1, 2008 12:58 am

    Alan, that exactly why I’m still on the fence and not quite buying into the rumors juet yet.

    The pieces seem to fit together, but the execution leaves too much to be desired.

  3. changing my credit card information on September 22, 2008 9:43 am

    changing my credit card information…

    Waveland hush atomizes detachments duchy!modems!…

Name (required)

Email (required)

Website

Speak your mind