SoftBank unveils 'historic' robot

Business / Corporate Jun 5, 2014

SoftBank unveils 'historic' robot

by Kazuaki Nagata

SoftBank Corp. unveiled on Thursday what it says is the world's first humanoid robot that can communicate and read people's emotions, and said it will go on sale to the general public next year. CEO Masayoshi Son told a news conference in Urayasu, Chiba Prefecture, ...

Business / Corporate 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 control ...

Son says quality of network 'is critical'

Business / Corporate 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 lineup ...

Business / Corporate 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 less ...

Sprint part of Son's quest for the top

Business / Corporate 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 billion ...

Softbank to sell ¥400 billion in bonds

Business / Corporate 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 a ...

Son talks up Silicon Valley hub plans in Sprint bid

Business / Corporate 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 hub. Softbank's ...

Softbank chief says Dish wrong fit for Sprint

Business / Corporate May 2, 2013

Softbank chief says Dish wrong fit for Sprint

Softbank Corp. President Masayoshi Son lashed out at fellow billionaire Charlie Ergen, saying he doesn't have the expertise to run Sprint Nextel Corp., the U.S. mobile phone company both men are trying to take over. Ergen, the chairman of Dish Network Corp., doesn't have a ...