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BSNL, NTT, Softbank strike 5G, IoT deal

2018-09-24 02:00:00| Total Telecom industry news

BSNL revealed on Sunday that it has partnered with Japan-based telcos NTT Communications and Softbank on the deployment of 5G and IoT technology in India…read more on TotalTele.com »

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WeWork Gets Another $1 Billion From SoftBank

2018-08-10 16:29:23| National Real Estate Investor

WeWorks sales are rising and its construction costs per desk are dropping, said Artie Minson, WeWorks president and chief financial officer.

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Softbank to raise USD 30 bln in IPO of Japan mobile business - report

2018-08-07 09:00:00| Telecompaper Headlines

(Telecompaper) Softbank may target a valuation of USD 90 billion for its Japanese mobile business when it lists the company on the stock market, people familiar with the matter told Bloomberg. Softbank is considering selling a third of the company, raising around USD 30 billion for its investments, the report said. 

Tags: business report mobile japan

 

Softbank quarterly profit jumps on investment gains

2018-08-06 12:04:00| Telecompaper Headlines

(Telecompaper) Softbank saw its net profit jump to JPY 313.7 billion in the fiscal first quarter to June from JPY 5.5 billion a year earlier, thanks largely to gains on its investments in companies such as Flipkart and WeWork and the spin-off of ARM's Chinese business. Net sales rose 4 percent to JPY 2.273 trillion, and adjusted EBITDA was up 3 percent to JPY 721.8 billion. 

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Kushners Cadre Fails to Win Backing From SoftBank

2018-07-30 20:29:31| National Real Estate Investor

SoftBank, which declined to comment, was said to have been considering an investment of at least $100 million.

Tags: win fails cadre backing

 

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