0
General

Softbank FY results boosted by acquisitions

Thursday 8 May 2014 | 08:48 CET | News
Japanese operator Softbank reported net profit for the fiscal year to March 2014 up 33.9 percent to JPY 586 billion, thanks to its takeover of Sprint in the US and growth on the domestic mobile market. Revenues doubled to JPY 6.667 trillion, and operating profit increased 35.8 percent to JPY 1.085 trillion. The company also benefited from the acquisitions of eAccess (January 2013), GungHo Online Entertainment (April 2013), Willcom (July 2013), Supercell (31 October 2013) and Brightstar (Janaury 2014). The results included JPY 55 billion in one-time charges, mainly impairments on ADSL and

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Brightstar / Softbank / Sprint / Willcom
Countries: Japan
::: add a comment
This article is part of dossier

iPhone


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

SoftBank to pay dividend of JPY 37.50 per share

Published 21 May 2019 11:08 CET | Japan
SoftBank's board of directors has resolved the distribution of dividend of JPY 37.50 per share or a total of JPY 179,518 million ...

Gameloft to co-develop mobile games with Japan's GungHo

Published 02 Feb 2016 11:31 CET | World
French social and mobile game company Gameloft and Japan's GungHo Online Entertainment have signed an agreement to work together ...

SoftBank to increase Supercell stake to 73.2%

Published 01 Jun 2015 13:43 CET | Finland
Japanese operator SoftBan has agreed with existing investors to acquire an additional stake in games developer Supercell, a ...

Softbank H1 net income jumps 36.6%

Published 04 Nov 2014 10:24 CET | Japan
Japanese communications provider Softbank posted a net income of JPY 608.4 billion for the first half ended 30 September, which ...

SoftBank to pay interim dividend of JPY 20 per share

Published 24 Oct 2014 00:51 CET | Japan
Japanese operator Softbank will pay an interim dividend of JPY 20 to shareholders on record at 30 September 2014. The total ...

SoftBank targets FY profit of USD 980 mln at US ops

Published 18 Jun 2014 12:27 CET | United States
Japanese mobile operator SoftBank estimates its US business will achieve an operating profit of around JPY 100 billion ...

SoftBank to invest in startups in the Philippines

Published 13 Jun 2014 14:35 CET | Philippines
Japanese telcecommunications operator SoftBank will invest over USD 20 million in startups in the Philippines with the creation ...

SoftBank to cut smartphone charges next month- report

Published 09 Jun 2014 16:53 CET | Japan
Japanese mobile operator SoftBank plans to cut its smartphone charges through the offering of a flat rate for unlimited voice ...

SoftBank to issue JPY 300 bln bond next week

Published 16 May 2014 15:25 CET | Japan
Japanese operator Softbank expects to issue a bond for a total JPY 300 billion to Japanese retail investors next week, The Wall ...

Sprint planning to go ahead with T-Mobile US bid - report

Published 01 May 2014 15:45 CET | United States
Sprint is planning to move forward with a bid for T-Mobile US following a March meeting with banks to make debt arrangements for ...

SoftBank readies bond issue of JPY 300 bln - report

Published 29 Apr 2014 15:25 CET | Japan
Japanese  operator SoftBank is preparing to issue a bond for a total JPY 300 billion to Japanese retail investors, Reuters ...

Sprint raises EBITDA outlook, loses customers in Q1

Published 29 Apr 2014 13:30 CET | United States
Sprint raised its forecast for adjusted EBITDA this year after reporting a strong first quarter. The US mobile operator now ...

Softbank, Midokura to develop network virtualisation

Published 01 Apr 2014 09:03 CET | Japan
Japanese provider Softbank Telecom will define and build network virtualisation design using MidoNet, Midokura's network ...

SoftBank trials Ericsson Radio Dot System

Published 24 Feb 2014 06:23 CET | Japan
Japan's SoftBank Mobile will trial the Ericsson Radio Dot System as it aims to improve the user experience in the face of ...

Softbank, ZTE join Tizen Partner Programme

Published 13 Feb 2014 09:38 CET | World
The Tizen Association announced an additional 15 partners in its programme to develop apps for the Tizen mobile operating system. ...

Softbank doubles revenues, net profit stable in Q3

Published 12 Feb 2014 11:53 CET | Japan
Japanese communications provider Softbank posted a net profit of JPY 93.3 billion for its fiscal third quarter to December, down ...