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UPDATE 1-SoftBank cuts FY profit target on Sprint woes; Q2 profit down 23 pct

2014-11-04 12:30:45| Telecom - Topix.net

SoftBank Corp, the Japanese mobile carrier with ambitious plans to grow overseas, slashed its profit forecast as Sprint Corp, the U.S. carrier it bought for $21.6 billion, continues to lose customers with no quick fix in sight. In a statement on Tuesday, SoftBank said it now expects an operating profit of 900 billion yen in the 12 months through March 2015, 10 percent down from the 1 trillion yen profit it previously estimated, citing Sprint's troubles.

Tags: update target profit cuts

 

UPDATE 1-SoftBank cuts FY profit target on Sprint woes; Q2 profit down 23 pct

2014-11-04 11:54:11| IT Services - Topix.net

SoftBank Corp, the Japanese mobile carrier with ambitious plans to grow overseas, slashed its profit forecast as Sprint Corp, the U.S. carrier it bought for $21.6 billion, continues to lose customers with no quick fix in sight. In a statement on Tuesday, SoftBank said it now expects an operating profit of 900 billion yen in the 12 months through March 2015, 10 percent down from the 1 trillion yen profit it previously estimated, citing Sprint's troubles.

Tags: update target profit cuts

 
 

Mobile Woes Drag Down Sony Despite PS4 Gains

2014-10-31 18:03:12| PC Magazine Cell Phones Product Guide

Sony's PS4 is selling like gangbusters, but its Xperia phone lineup is having trouble competing against iPhone.

Tags: mobile sony gains drag

 

Samsung Q3 falls sharply on smartphone woes

2014-10-30 01:00:00| Total Telecom industry news

Electronics firm looks to flexible displays, metal cases to reverse decline as operating profit at mobile division plunges 74%.

Tags: falls samsung smartphone sharply

 

Council gets close look at BES woes

2014-10-28 20:49:07| PortlandOnline

Jim Redden in the Portland Tribune, October 28, 2014

Tags: close council bes woes

 

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