/ Nov 8, 2016

SoftBank's profit improves as Sprint gets on track

SoftBank Group Corp. reported a better-than-projected second-quarter profit, with the wireless and internet businesses in Japan bringing in cash while Sprint Corp. shows signs of improvement. Net income was ¥512.1 billion in the period ended Sept. 30, the Tokyo-based company reported on Monday. That's more ...

/ Feb 10, 2016

SoftBank profit down 88% amid Sprint struggle

SoftBank Group Corp., which is struggling to turn around its U.S. wireless carrier Sprint Corp., posted an 88 percent drop in third quarter profit. Net income fell to ¥2.3 billion ($20 million) in the three months ended Dec. 31, from ¥18.7 billion a year earlier, ...

/ Aug 19, 2015

SoftBank beefs up Sprint stake with second purchase this month

SoftBank Group increased its stake in Sprint Corp. a second time this month, acquiring ¥7.51 billion($73 million) of stock in the unprofitable U.S. wireless operator. The Japanese carrier paid for 16.8 million shares, according to Bloomberg calculations based on a SoftBank filing with the U.S. ...

Softbank unveils new smartphone developed with Sprint

Aug 19, 2014

Softbank unveils new smartphone developed with Sprint

SoftBank Corp. unveiled on Monday a new smartphone developed with U.S. subsidiary Sprint Corp. to cut procurement costs and strengthen its product lineup. Manufactured by Sharp Corp., the first handset developed with the third-largest U.S. mobile phone carrier goes on sale in Japan on Aug. ...