Softbank, GungHo snap up Finnish firm

Oct 16, 2013

Softbank, GungHo snap up Finnish firm

Two Japanese companies have acquired control of the Finnish game company Supercell, creator of “Clash of Clans,” the Helsinki-based firm said Tuesday amid hopes of creating a global Nintendo-style brand. Softbank Corp. and GungHo Online Entertainment Inc. spent $1.5 billion to buy 51 percent ...

Softbank's Son on buying spree

Oct 16, 2013

Softbank's Son on buying spree

A day after Softbank Corp. said it was buying a majority stake in Finnish game maker Supercell, the company’s billionaire chairman and CEO, Masayoshi Son, is at it again.

Son says quality of network 'is critical'

Sep 30, 2013

Son says quality of network 'is critical'

by Kazuaki Nagata

Softbank Corp. President Masayoshi Son said Monday that providing a quality communications network will be even more critical now that all three major carriers are selling the iPhone. “The scene of the cellphone industry is changing,” Son said during an event unveiling Softbank’s winter-spring ...

DoCoMo's entry ups iPhone frenzy

Sep 20, 2013

DoCoMo's entry ups iPhone frenzy

by Kazuaki Nagata

The latest iPhone models hit store shelves Friday in Japan, drawing hordes of fans to retailers nationwide, while mobile giant NTT DoCoMo Inc. started selling the iconic handsets for the first time. Since Apple Inc. unveiled two new handsets, the iPhone 5S and 5C, ...

DoCoMo to market iPhone to win back Softbank clients

Sep 11, 2013

DoCoMo to market iPhone to win back Softbank clients

NTT DoCoMo Inc. has agreed to start selling Apple Inc.’s latest iPhones in an effort to halt the erosion of its market share by its smaller rivals. The two new models for DoCoMo’s network — a cheaper version in bright colors and an updated ...

Aug 1, 2013

Son reshaping Softbank seen in $20 billion loan

by Emi Urabe

Softbank Corp.’s cost of refinancing debt from its purchase of Sprint Corp. will be less than half of what it paid seven years ago to acquire the Vodafone unit that launched its mobile phone operations. Now Japan’s third-largest mobile carrier, Softbank expects to pay ...

Jul 31, 2013

Softbank new leader in industry operating profit

Mobile phone carrier Softbank Corp. overtook longtime industry leader NTT DoCoMo Inc. for the first time in terms of first-quarter group operating profit, their April-June earnings reports show. For the first quarter of fiscal 2013, Softbank reported operating profit of ¥391 billion, up 92.3 ...