Softbank borrows JPY35 billion to fund ‘Society 5.0’ 5G build
Japanese operator Softbank played up the societal benefits of 5G as it raised fresh funds for its network rollout.
Japanese operator Softbank played up the societal benefits of 5G as it raised fresh funds for its network rollout.
Nokia has secured itself a piece of the action in the shared 5G radio network being rolled out by Japan’s KDDI and SoftBank.
Germany’s 1NCE, an IoT connectivity specialist, has raised US$50 million in new financing to help fund its international expansion and drive growth.
Deutsche Telekom has agreed a share-swap deal with Softbank that will give it greater control of T-Mobile US, while the Japanese firm will take a stake in DT.
KDDI and Softbank are using shared RAN equipment to help them reduce the cost and increase the speed of their 5G network deployment.
Softbank has become the latest major telco to look at providing connectivity from space, announcing a raft of initiatives to broaden access to communications networks.
The Japanese greenfield operator Rakuten Mobile has seen its low-price strategy driving fast subscriber growth, so it has decided to double down on its iPhone 12 offers.
Softbank has named company insider Junichi Miyakawa (pictured) as the new chief executive of its retail telecoms business.
A former employee of Japanese operator group Softbank, who now works for rival MNO Rakuten Mobile, has been arrested on suspicion of violating unfair competition prevention law.
The Federal Trade Commission is asking Nvidia to submit more documents as part of its preparation for the competition investigation into the chipmaker’s $40 billion takeover of Arm.
Japanese operator group Softbank has picked Nokia to provide the core software for its standalone 5G services.
Softbank has made a hefty investment in Swedish software company Sinch, which says it will use the proceeds of the sale to fund further M&A.
The long and winding road to 5G-assisted driving passed another milestone this week, thanks to Japan-based Softbank and car maker Subaru.
Softbank has a acquired a 9.69% stake in Norway’s Kahoot! at a cost of US$215 million, and is reportedly looking for external funding for a new acquisition vehicle.
Even flogging Arm and much of its eponymous Japanese operator isn’t enough to cover SoftBank’s speculative positions, it seems.
Despite raising $41 billion already this year, Softbank reckons it needs a bunch more cash to protect itself from the effects of a COVID-19 resurgence.
Shareholders in Japanese tech conglomerate SoftBank are having to come to terms with the fact that it’s now effectively an investment fund.
There are further signs that Softbank wants to flog UK mobile chip designer Arm to compensate for its reckless investment strategy.
Swedish kit vendor Ericsson has cemented its place as SoftBank’s best buddy by adding 5G core work to its recent 5G RAN deal win.
The apparent SoftBank fire sale looks set to continue with the rumour that even crown jewel ARM is on the table.
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