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 ...

SoftBank increases stake in Sprint with ¥10.86 billion investment

Aug 13, 2015

SoftBank increases stake in Sprint with ¥10.86 billion investment

SoftBank Group Corp. said Thursday it has invested another ¥10.86 billion ($87 million) in Sprint Corp., underscoring billionaire founder Masayoshi Son’s commitment to turning around the money-losing U.S. wireless carrier. The Japanese telecommunications and Internet business group bought 22.9 million Sprint shares at an ...