Feb 10, 2016

SoftBank profit down 88% amid Sprint struggle

SoftBank Group Corp., which is struggling to turn around its U.S. wireless carrier Sprint Corp., posted an 88 percent drop in third quarter profit. Net income fell to ¥2.3 billion ($20 million) in the three months ended Dec. 31, from ¥18.7 billion a year ...

Jan 19, 2016

Son's SoftBank vision at risk as Sprint goes from bad to worse

The acquisition of Sprint Corp. was supposed to help Masayoshi Son realize his vision of transforming SoftBank Group Corp. into the world’s most valuable company. Instead, the 2013 deal has become his biggest setback so far, dragging down SoftBank shares and cutting into the ...

Government panel urges carriers to cut mobile phone fees

Dec 16, 2015

Government panel urges carriers to cut mobile phone fees

A government advisory panel on Wednesday urged mobile phone carriers to offer cheaper price plans for users who do not surf the Web much, and to bring monthly fees to less than ¥5,000. Critics say the price plans of three major carriers are aimed ...