Softbank

Japan’s SoftBank acquires 70% stake in Sprint

Sprint Wireless

Japan’s SoftBank announced over the weekend that it plans to acquire a 70% stake in Sprint, the third largest wireless carrier in the U.S. The deal is worth US$20.1 billion, including US$8.0 billion of new capital for the carrier. Together, the two carriers will have 96 million subscribers. SoftBank Chairman and CEO, Masayoshi Son, said, “This transaction provides an excellent […]

Softbank to offer Apple iPhone in Japan

Softbank is the latest carrier to announce that it will offer the Apple 3G iPhone: SOFTBANK MOBILE Corp. today announced it has signed an agreement with Applee® to bring the iPhone™ to Japan later this year. Softbank is the first Japanese carrier to announce that it will offer the Apple iPhone but the press release does not indicate if Softbank […]