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SoftBank second-quarter profit rises 39 percent on cost cuts,

2015-11-04 08:49:44| Telecom - Topix.net

SoftBank Group's second-quarter operating profit rose 39 percent on cost cuts and some improvement at its struggling U.S. unit Sprint Corp. SoftBank, which purchased a majority stake in U.S. wireless carrier Sprint for more than $20 billion in 2013, said on Wednesday its July-September operating profit climbed to 342 billion yen from 246 billion a year earlier. That beat an average estimate of 329 billion yen from four analysts, according to Thomson Reuters, and the company said the main reasons for the strong results included higher profits from segments such as Sprint.

Tags: cost percent profit cuts

 

Softbank sees light at end of Sprint tunnel

2015-11-04 01:00:00| Total Telecom industry news

Japanese telco's U.S. arm adds 1.1 million customers during second quarter but revenue falls 7.6%.

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Sprint Corp major shareholder Group Corp Softbank Buys 8,017,785 Shares

2015-09-04 00:45:04| IT Services - Topix.net

Sprint Corp major shareholder Group Corp Softbank acquired 8,017,785 shares of Sprint Corp stock in a transaction that occurred on Wednesday, September 2nd. The stock was acquired at an average price of $5.11 per share, with a total value of $40,970,881.35.

Tags: group major corp shares

 

Sprint Corp major shareholder Group Corp Softbank Purchases 16,795,982 Shares

2015-08-30 13:52:39| Telecom - Topix.net

Sprint Corp major shareholder Group Corp Softbank acquired 16,795,982 shares of Sprint Corp stock in a transaction that occurred on Friday, August 28th. The stock was bought at an average cost of $4.89 per share, with a total value of $82,132,351.98.

Tags: group major corp shares

 

SoftBank and Netflix Japan announce partnership

2015-08-24 10:00:53| Digital TV News

SoftBank and Netflix have announced that SoftBank will offer an integrated Netflix experience when Netflix Japan launches. Customers will be able to sign-up using their Softbank account and have Netflix’' monthly fee added to their bill.

Tags: japan partnership announce softbank

 

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