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SoftBank

Latest Headlines

Latest Headlines

Sprint inches toward becoming a 'deconstructed' carrier, but cash-flow woes remain: MoffettNathanson

Shares of Sprint have rebounded after the carrier made a series of convoluted financial moves to improve its financial position and stave off bankruptcy, and the carrier is positioned to become a "deconstructed wireless operator," according to MoffettNathanson analysts, focusing exclusively on providing wireless services.

SoftBank's Arora to step down after 13 months as president

SoftBank President Nikesh Arora said he will step down just 13 months after CEO Masayoshi Son essentially designated him as Son's successor.

Sprint parent SoftBank to sell at least $7.9B stake in Alibaba to shore up finances

Sprint parent SoftBank confirmed it will sell at least $7.9 billion of its stake in Alibaba to bolster its finances as its U.S. carrier continues to struggle.

SoftBank's Son predicts a 'V-shaped recovery' for Sprint

SoftBank founder Masayoshi Son credited Sprint's dramatic budget cuts as helping raise SoftBank's operating profit by 8.8 percent in its recently completed fiscal year. But doubts about the U.S. carrier's ability to weather a brutal financial storm linger.

Sprint improves liquidity by $3.1B through two deals

Sprint announced two new funding deals aimed at providing an additional $3.1 billion in liquidity as the company continues to try to make ends meet this year.

SoftBank, others join MulteFire Alliance

The MulteFire Alliance is getting even more traction with the addition of Japan's SoftBank Corp. as a new member.

'Something big needs to change' at Sprint, New Street analysts say

Sprint's window of opportunity to reverse its financial course is closing, according to New Street Research analysts.

Analysts expect incentive auction to generate between $32.8B and $43.8B

The FCC's upcoming incentive auction of 600 MHz airwaves likely won't generate as much money as last year's auction of AWS-3 spectrum, according to Evercore ISI analysts.

Evercore: Verizon, AT&T to post slowing growth in latest quarter while T-Mobile continues to roll

Verizon and AT&T will likely report slowing growth during the first quarter, according to analysts at Evercore ISI, while Sprint's creative accounting will help the beleaguered carrier avoid bankruptcy for at least the next few months. And T-Mobile will probably post even larger subscriber gains that it had predicted.

SoftBank rumored to mull bidding in FCC's 600 MHz incentive spectrum auction

Sprint isn't participating in the FCC's upcoming incentive auction of 600 MHz spectrum, but its parent company SoftBank might bid. So the U.S. operator may score some of the prized low-band spectrum after all.