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SoftBank

Latest Headlines

Latest Headlines

Sprint paid CEO Claure $21.8M for fiscal 2014, making him among highest-paid telecom execs

Sprint paid CEO Marcelo Claure nearly $21.8 million in total compensation for its fiscal year 2014, which ran until the end of March 2015, according to a Securities and Exchange Commission filing. The disclosure makes Claure among the highest-paid executives in the U.S. telecommunications sector and also places him above executives from Verizon Communications and AT&T on a pro-rata basis, since Claure only became CEO of Sprint in August 2014.

Analyst: SoftBank's Son taking more active role in Sprint's network as densification planning nears completion

Sprint Chairman and SoftBank CEO Masayoshi Son is taking a more active role in planning Sprint's network densification project according to a report from Wall Street firm Macquarie Capital. Further, analysts there think Sprint is going to embark on a plan that will be primarily focused on deploying small cells.

Sprint gets OK from SoftBank to move ahead on network densification plan

Sprint has received approval from parent company SoftBank to proceed with its massive network densification program, the carrier confirmed.

Sprint's Claure heads to Japan to get Son's sign-off on network densification plan

Sprint CEO Marcelo Claure left for Japan yesterday to meet with SoftBank CEO and Sprint Chairman Masayoshi Son to discuss Sprint's network densification project. According to one Wall Street research firm, Sprint may soon boost its capital expenditures for 2015 once Son signs off on the plan.

SoftBank's Son names Arora as his successor, says company will continue looking overseas

SoftBank CEO Masayoshi Son promoted former Google executive Nikesh Arora to the role of president of SoftBank--and essentially designated Arora as his successor, an indication that SoftBank will continue to look beyond its native Japan for growth. Son said SoftBank, which controls 80 percent of Sprint, will be a global company and will continue to invest in mergers and acquisitions following its $21.6 billion deal to take control of Sprint in 2013.

Ericsson, GMA to showcase 'Multi-Domestic Service' M2M platform at MWC

Ericsson and the Global M2M Association (GMA) will showcase their "revolutionary" new Multi-Domestic Service at Mobile World Congress 2015. The GMA calls it one of the most innovative M2M connectivity management services on the market, enabling global deployment and management of M2M and Internet of Things services.

Report: SoftBank to wind down Silicon Valley offices following collapse of T-Mobile deal

Sprint parent SoftBank plans to clear out most of the staff of its Silicon Valley offices, according to a Reuters report, following SoftBank's aborted effort to merge Sprint with T-Mobile US.

Sprint's Euteneuer boasts of half-off pricing promotion, but analysts predict modest interest

Sprint decided to go after Verizon Wireless and AT&T Mobility and not T-Mobile US with its new half-off billing price promotion because Sprint has seen a positive response in attracting Verizon and AT&T customers with its existing shared data plans, according to Sprint CFO Joe Euteneuer.

MobiTV powers TV Everywhere for Japan's TV Bank

Multiscreen service provider MobiTV has partnered with TV Bank, one of Japan's largest online video providers, to help extend its new pay-TV service, BBTV Next, to connected devices for all its subscribers.

Sprint's Claure: 'You ain't seen nothing yet' in terms of value message

Sprint CEO Marcelo Claure said "you ain't seen nothing yet" in terms of how aggressively and clearly Sprint intends to push its message that it offers the best value in the U.S. wireless market. Claure indicated that new executives will be joining the company in the next 60 to 90 days to replace ones who are leaving, and said that while "it's just the beginning of a very long journey" he is encouraged about the carrier's turnaround prospects.