YOU ARE AT:TagsSoftbank

BROWSING: Softbank

Bloomberg says SoftBank CEO still interested in Sprint, T-Mo combo

According to a report this week by Bloomberg, Masayoshi Son, the CEO of SoftBank, remains interested in a potential combination of U.S. carriers Sprint and T-Mobile US despite past regulatory roadblocks. SoftBank is the majority shareholder in Sprint. T-Mobile US is a subsidiary of Germany-based Deutsche Telekom. Citing...

Sprint hires former Vodafone exec to head enterprise biz

Jan Geldmacher previously served as head of Vodafone’s global enterprise business and is set to take over Sprint enterprise later this month Sprint added a former Vodafone executive to its ranks, naming Jan Geldmacher president of enterprise for the carrier effective Aug. 22. In his role,...

SK Telecom ends June with 20M LTE subscribers in Korea

SK Telecom reports $3.8B in revenue for Q2 Korean operator SK Telecom said it ended the second quarter of 2016 with 20 million subscribers in the 4G LTE segment, surging 11.7% compared to the same quarter the previous year. SK Telecom also said that 21.3 million...

SoftBank, Aeris create JV to target IoT market

The deal will allow Aeris to expand IoT business to India and Europe Japanese telecom operator SoftBank and U.S-based internet of things (IoT) firm Aeris have agreed to form a joint venture in Japan to provide IoT and telematics services globally using the Aeris IoT...

Son rise for the internet of things

SoftBank’s acquisition of ARM to help accelerate much-needed internet of things standardization The "internet of things" looks to have received a massive vote of confidence as one of the boldest technology investors of the past two decades, Masayoshi Son, agreed to buy ARM Holdings, a...

Son rise for the internet of things

SoftBank’s acquisition of ARM to help accelerate much-needed internet of things standardization The "internet of things" looks to have received a massive vote of confidence as one of the boldest technology investors of the past two decades, Masayoshi Son, agreed to buy ARM Holdings, a...

SoftBank set to buy ARM, Yahoo bids due … 5 things to know today

1. Sprint parent SoftBank is set to buy the intellectual property behind the processors inside most of the world's smartphones. The Japanese company is paying roughly $32 billion for ARM Holdings, the British company that designs the cores inside most of the processors built...

SoftBank set to buy ARM, Yahoo bids due … 5 things to know today

1. Sprint parent SoftBank is set to buy the intellectual property behind the processors inside most of the world's smartphones. The Japanese company is paying roughly $32 billion for ARM Holdings, the British company that designs the cores inside most of the processors built...

KT confirms 5G services for Pyeongchang Winter Olympics

5G trials conducted ahead of 2018 Winter Olympics in South Korea SHANGHAI – Korean telecommunications company KT confirmed "5G" technology will be available during the Pyeongchang Winter Olympics, which are set to take place in February 2018. Speaking at this week's Mobile World Congress Shanghai 2016...

ZTE works with more than 10 operators on pre-5G tech

Asian telcos expressed interest in trialling ZTE multi-user shared access technology SHANGHAI – Chinese vendor ZTE announced its cooperation with more than 10 operators on pre-"5G" technologies in a move to speed up the evolution of "4G" networks. The vendor's pre-5G initiatives include massive multiple-input/multiple-output antenna technology,...

Former SoftBank No. 2 talks sudden resignation

SoftBank investment into Sprint 'not producing cash flow at the moment' Last week Nikesh Arora, a former Google honcho and up until last week the president and COO of SoftBank, made waves  when he suddenly resigned his post. Arora is set to leave those positions on July...

Sprint stock continues to gain momentum on SoftBank comments

Sprint stock tacked on another 5% in value Wednesday, which followed a nearly 8% gain the previous day on comments from parent company SoftBank Sprint’s stock continued to surge Wednesday, one day after comments from chairman Masayoshi Son boosted the carrier’s stock nearly 8%. Investor enthusiasm...

Sprint stock surges on SoftBank recommitment, management upheaval

Sprint stock hit levels not seen since last November following comments of continued support from SoftBank chairman Sprint stock surged more than 10% Tuesday, on the heels of a pending management shakeup at parent company SoftBank. Investors traded more than three times the average daily volume...

Sprint loses board member as Arora plans SoftBank exit

Nikesh Arora set to leave position as president and COO at SoftBank, board role at Sprint on July 1 In a move linked to investor unrest, SoftBank Group President and COO Nikesh Arora is set to leave those positions July 1, taking up an advisory...

Sprint small cell plan finds (some) support in financial community

FBR Capital Markets reiterated its ‘outperform’ rating, noting the Sprint small cell plan is better than most think Sprint’s small cell plans have garnered considerable attention from industry analysts who have questioned the carrier’s move to rely more heavily on network densification efforts based on...

Money managers see T-Mobile as long-term takeover target

An asset management firm predicts further consolidation among the four major U.S. carriers, and sees T-Mobile US as the most likely acquisition target. According to Gabelli & Co., potential acquirers of T-Mobile US could include Comcast, Charter Communications/Liberty Media and Dish Network. Longer term,...

ITU and UNECE launch platform to promote smart cities

As the United Nations call for public policy to promote ICT innovation in urban areas, the ITU and UNECE  have launched an advocacy platform for smart cities. The International Telecommunication Union (ITU) and the United Nations Economic Commission for Europe (UNECE) have launched the ”United...

SoftBank, Alibaba create JV to offer cloud computing services

Cloud computing offer targets Japan with branded Alibaba Cloud SoftBank and Chinese online and mobile commerce company Alibaba Group formed a joint venture dubbed SB Cloud Corporation to provide cloud computing services in Japan. The company said it will use technologies and solutions from Alibaba...

Sprint scores $3.1B in cash through second MLS deal, bank loan

Sprint said it’s set to gain new liquidity through the sale of device leasing obligations and a short-term bank financing deal, as it looks to bolster financial picture Sprint is set to receive more than $3 billion in new liquidity tied to its device leasing...

Sprint stock makes run on Claure Twitter post

Sprint CEO Marcelo Claure posted a cryptic response on Twitter to reports of expected poor quarterly results that sent the carrier’s stock price surging Sprint’s stock price made a late-day push Thursday following a Twitter post from CEO Marcelo Claure seeming to indicate the carrier...

Japan officials urge NTT DoCoMo, SoftBank to cut device discounts

NTT DoCoMo currently offers new smartphones for $6 Japan’s telecommunications ministry instructed mobile phone carriers NTT DoCoMo and SoftBank to stop selling smartphones with excessive discounts, according to Japanese press reports. Rival operator KDDI was not included in the telecoms ministry’s instruction. NTT DoCoMo sells smartphones...

Worst of the Week: Is it make or break time for Sprint?

WOTW looks at the latest creative financial move from Sprint, and wonders if there is maybe a Central American firm that can help Hello! And welcome to our Friday column, Worst of the Week. There’s a lot of nutty stuff that goes on in this...

Cell Tower News: Sprint, American Tower make $2 billion moves

American Tower investing $2B more in India American Tower continues its investment in Indian telecom infrastructure, committing to invest an additional $2 billion. This news came from a meeting this week between American Tower CEO James Taiclet Jr. and India's minister Ravi Shankar Prasad. It...

Verizon bid for Yahoo expected next week

5 things to know today ... 1. Verizon Communications is set to make a bid for Yahoo next week, according to Bloomberg. It's been two months since Verizon CEO Lowell McAdam told CNBC's Jim Cramer he thought "marrying up" Yahoo's assets with Verizon's AOL could...