Softbank

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Trump's Latest Announcement: $50B Japan Investment

SoftBank says it will create 50K US jobs

(Newser) - Japanese billionaire Masayoshi Son is investing $50 billion in the US and creating 50,000 jobs in a deal that wouldn't have happened without Donald Trump, according to Donald Trump. Son, the CEO of SoftBank Group, joined Trump in the lobby of Trump Tower on Tuesday to announce the... More »

Dish Offers Up $25.5B to Buy Sprint

...Even though SoftBank already has a deal to buy it

(Newser) - Dish Network wants to buy Sprint Nextel for $25.5 billion, the satellite TV company publicly declared today, in what the Wall Street Journal calls Dish's "most audacious attempt yet" to jump into the wireless business. The bid is unsolicited, which makes sense, given that Sprint already has... More »

Japan's SoftBank Snapping Up 70% of Sprint

$20.5B deal a record for Japan

(Newser) - Japanese telecom giant SoftBank has finalized a $20.1 billion deal to buy 70% of American wireless carrier Sprint, reports the AP . The deal announced in Tokyo today is the biggest-ever foreign takeover by a Japanese company and still needs to be approved by Sprint shareholders and American regulators. The... More »

Apple Plays the Field in Japan

Seeks exclusive partner for iPhones

(Newser) - Apple wants to bring the iPhone to Japan to compete with some of the most futuristic phones around, but it's being choosy in its search for a partner, Reuters reports. Apple is in talks with DoCoMo and Softbank, the country's biggest and third-biggest mobile operators respectively, but they're both wary... More »

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