Son seeks U.S. price war, T-Mobile

Mar 11, 2014

Son seeks U.S. price war, T-Mobile

Masayoshi Son, the Japanese owner of U.S. mobile carrier Sprint, said Monday he wants to launch a “price war” with the two major carriers as he seeks to acquire T-Mobile’s U.S. unit. Son, the tycoon whose SoftBank company holds a controlling stake in Sprint, ...

Mar 5, 2014

Son will host D.C. wireless event

SoftBank Corp. Chief Executive Officer Masayoshi Son will host a presentation March 11 in Washington to discuss “the state of America’s wireless communications industry and the competitive global landscape.” Son is reportedly mulling whether to bid for mobile carrier T-Mobile US Inc. after acquiring ...

Rakuten defends charges

Oct 22, 2013

Rakuten defends charges

The multimillionaire boss of Web mall operator Rakuten is defending its pay model of charging merchants, ignoring a move by archrival Yahoo Japan to eliminate fees. Rakuten Chairman and CEO Hiroshi Mikitani has ruled out following suit on the plan announced by Yahoo Japan’s ...

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 ...

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 ...

Sprint part of Son's quest for the top

Jun 22, 2013

Sprint part of Son's quest for the top

Billionaire Masayoshi Son told Softbank Corp. investors Friday how he plans to use the purchase of Sprint Nextel Corp. to transform Japan’s No. 3 mobile carrier into the world’s No. 1. At the company’s annual meeting, Son is working to convince shareholders his $21.6 ...

Softbank to sell ¥400 billion in bonds

May 22, 2013

Softbank to sell ¥400 billion in bonds

by Yusuke Miyazawa

Softbank Corp. plans to sell ¥400 billion in bonds targeting individual investors to fund its $20.1 billion purchase of Sprint Nextel Corp. The mobile phone company will price the five-year notes to yield from 1.25 percent to 2.25 percent on June 3, according to ...

Son talks up Silicon Valley hub plans in Sprint bid

May 14, 2013

Son talks up Silicon Valley hub plans in Sprint bid

Softbank Corp., bidding to take over Sprint Nextel Corp. in a $20.1 billion deal, is planning a new Silicon Valley office for the U.S. carrier that would employ as many as 1,000 people. Executives have already started holding monthly meetings in the California technology ...