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SoftBank's Son: Sprint 'is about to turn into a cash maker'

SoftBank posted a $2.4 billion profit in its fiscal first quarter, up 19 percent over the same period a yaer ago. Telecom revenues boosted quarterly sales to $20.3 billion, helping to offset losses from Sprint.

American Tower's foreign operations lifts revenue amid uncertain U.S. market

American Tower's move to diversify into foreign markets paid dividends in the second quarter. But that wasn't enough to assuage investors' fears about the U.S. tower market.

Strategy Analytics: Smartphone market to rebound in 2016 with new phones from Samsung, Apple

The worldwide smartphone market is poised to rebound in later this year, Strategy Analytics predicted, as new flagship handsets from major vendors come to market.

Samsung posts $5.2B net profit on soaring Galaxy S7 sales

Samsung posted its most profitable quarter in two years due largely to the success of its flagship Galaxy S7 phone. And the company said strong demand for handset components will likely continue to drive revenues through the rest of the year.

With Yahoo acquisition, Verizon faces huge challenges in putting the pieces together

Verizon bagged its latest digital media trophy this week, agreeing to pay $4.83 billion to add Yahoo's core online business to its growing digital media empire. The biggest mobile operator in the U.S. will integrate Yahoo with the AOL business it acquired last for $4.4 billion, and the unit will be led by Marni Walden, Verizon's EVP and president of the Product Innovation and New Businesses organization. But there's little evidence Verizon will be able to put all its media and advertising pieces together effectively.