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SoftBank, Netflix strike partnership agreement in Japan

2015-08-24 09:17:00| Telecompaper Headlines

(Telecompaper) Japanese mobile operator SoftBank and internet TV network Netflix have announced that SoftBank will exclusively offer a fully integrated Netflix experience, including billing, when Netflix Japan launches on 2 September. Netflix has also announced monthly pricing for the Japanese market. Customers will be able to opt for the Basic, Standard or Premium Plan for a starting price of JPY 650.

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Sprint Corp major shareholder Group Corp Softbank Buys 14,670,814 Shares

2015-08-22 04:48:29| Telecom - Topix.net

Sprint Corp major shareholder Group Corp Softbank bought 14,670,814 shares of Sprint Corp stock in a transaction dated Thursday, August 20th. The shares were bought at an average cost of $4.77 per share, for a total transaction of $69,979,782.78.

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Sprint Corp major shareholder Group Corp Softbank Buys 14,670,814 Shares

2015-08-21 20:51:51| IT Services - Topix.net

Sprint Corp major shareholder Group Corp Softbank bought 14,670,814 shares of Sprint Corp stock in a transaction dated Thursday, August 20th. The shares were bought at an average cost of $4.77 per share, for a total transaction of $69,979,782.78.

Tags: group major corp shares

 

Adani negotiating with Softbank and Foxconn to invest in $3bn solar project in India

2015-08-20 01:00:00| Power Technology

Adani Group is holding discussion with Japanese Softbank and Taiwan-based Foxconn to invest in a $3bn solar project, aimed to develop solar cells and panels in India.

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Softbank president to spend JPY 60 bln on company stock

2015-08-19 13:55:00| Telecompaper Headlines

(Telecompaper) SoftBank Group announced that its president and COO Nikesh Arora has agreed to buy JPY 60 billion (USD 483 million) worth of the company's stock on the open market over the next six months. Softbank said Arora is making the investment in a personal capacity and the board approved the plan. "As a measure of my commitment, I have decided to take a personal bet on the SoftBank Group and ensure an alignment of vision, with our founder and Chairman & CEO Masayoshi Son," Arora said. "This is a large transaction for me, and involves taking an enormous risk in my life once again. However, I am extremely confident about the future of the SoftBank Group and the long-term objectives that we have set out. I intend to work closely with Mr. Son to make the vision a reality." Son said he was pleased with Arora's decision and their shared vision and expects the executive to succeed him eventually as CEO. Arora was previously head of Softbank in the US and became group president in June. 

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