je.st
news
Tag: softbank
Tencent confirms deal to buy Supercell from Softbank
2016-06-21 13:09:00| Telecompaper Headlines
(Telecompaper) Chinese internet company Tencent has confirmed an agreement to buy Supercell, the developer of the game 'Clash of Clans', in a deal valuing the Finnish company at USD 10.2 billion. Tencent is the majority shareholder of a consortium of investors buying 84 percent of Supercell; the company did not say how much it will contribute to the purchase price. Supercell's employees will continue to own the rest of the company, and Tencent said it will continue to encourage a strong employee involvement through share incentives. In future employees will be able to sell shares from vested options to Tencent on an annual basis.
Tags: buy
deal
confirms
softbank
Softbank to sell USD 7.9 bln in Alibaba shares
2016-06-01 09:24:00| Telecompaper Headlines
(Telecompaper) Japan's SoftBank said it will be selling USD 7.9 billion worth of shares in Alibaba in order to up its own liquidity and pay back debt. The transactions will include the sale of USD 2.0 billion worth of shares to Alibaba, USD 400 million worth of shares to members of the Alibaba Partnership acting collectively and USD 500 of shares to a private equity group, plus another USD 5.0 billion worth, to be offered by a newly formed trust in the form of American depositary shares (ADSs) in a private placement to institutional buyers. There will, in addition, probably be a greenshoe of USD 1.0 billon more worth of shares.
Softbank aims to raise $7.9bn via Alibaba stake sale
2016-06-01 02:00:00| Total Telecom industry news
Japanese operator to reduce stake to 28% in order to improve liquidity, cut debt.
Softbank, Alibaba launch cloud jv for Japan
2016-05-13 09:01:00| Telecompaper Headlines
(Telecompaper) Alibaba and SoftBank have started a joint venture that will bring Alibaba Cloud cloud computing services to Japan. The new SB Cloud will open a new data centre in Japan and provide cloud computing services aimed at the Japanese market, for clients ranging from startups to multinational companies.
Tags: japan
launch
cloud
alibaba
Softbank FY profit drops 27% on Brightstar writedown
2016-05-10 09:55:00| Telecompaper Headlines
(Telecompaper) Japanese operator Softbank reported net profit for the fiscal year to March 2016 down 26.9 percent to JPY 558.2 billion, hurt by writedowns of JPY 153.2 billion on its foreign investments, mainly mobile phone distributor Brightstar.. Revenues rose 7.6 percent to JPY 9.153 trillion, while operating income climbed 8.8 percent to JPY 999.4 billion.
Tags: profit
drops
softbank
brightstar
Sites : [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] [27] [28] [29] [30] [31] [32] [33] [34] next »