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SoftBank says will not consolidate Sprint's $2 billion impairment charge

2015-02-05 19:56:19| Telecom - Topix.net

Japan's SoftBank Corp said on Thursday it would not recognise in its consolidated financial statements the $2.1 billion impairment charge made by its majority-owned U.S. telecoms network operator Sprint Corp , because of differing accounting standards. Earlier Sprint said the charge included a $1.9 billion reduction associated with the Sprint trade name and about $200 million reduction in the carrying value of its wireline network assets.

Tags: charge billion impairment consolidate

 

Chinas leading mobile taxi booking app secures $600M from SoftBank Group, Alibaba Group and Tiger Global

2015-01-15 10:55:31| Green Car Congress

Tags: group mobile global leading

 
 

T-Mobile bid may be truly dead: SoftBank downsizes offices

2014-12-16 13:30:55| IT Services - Topix.net

Sprint Corp. parent SoftBank Corp. is expected to start shrinking its Silicon Valley offices, a sign that Masayoshi Son is dropping for good his efforts to buy T-Mobile US Inc., Reuters reports . SoftBank now is transferring "the bulk" of its staff, including sending engineers to Sprint's Overland Park headquarters.

Tags: dead bid offices softbank

 

T-Mobile bid may be truly dead: SoftBank downsizes offices

2014-12-12 16:28:14| Telecom - Topix.net

Sprint Corp. parent SoftBank Corp. is expected to start shrinking its Silicon Valley offices, a sign that Masayoshi Son is dropping for good his efforts to buy T-Mobile US Inc., Reuters reports.

Tags: dead bid offices softbank

 

T-Mobile bid may be truly dead: SoftBank downsizes offices

2014-12-12 16:03:31| IT Services - Topix.net

Sprint Corp. parent SoftBank Corp. is expected to start shrinking its Silicon Valley offices, a sign that Masayoshi Son is dropping for good his efforts to buy T-Mobile US Inc., Reuters reports.

Tags: dead bid offices softbank

 

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