U.S. officials worry about NTT buying Verio

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Author: JT Smith

Nippon Telegraph and Telephone Corp., owned partially by the Japanese government, is trying to buy U.S. Web hosting service Verio. The story itself is not new, but this Washington Post article gives details about why the U.S. government may want to stop the deal, and the implications its approval or denial may have for future cross-border communications company purchases.