Softbank Corp. said Thursday it has raised the target number of subscribers to its Yahoo! BB high speed Internet connection service by 50 percent.
The company, which has been posting losses due to lavish spending on luring new subscribers, said it is on track to meet its original goal of 4 million users by the end of March, and now expects to have 6 million subscribers by the end of September 2005.
Softbank chief Masayoshi Son has said the company could turn a profit as soon as it ends its costly subscriber hunt and becomes content with the present user population.