0
General

Softbank's 9-month profit jumps nearly 77%

Wednesday 8 February 2017 | 11:17 CET | News
Japanese communications provider Softbank saw its net sales reach JPY 6.58 trillion for the nine months ended 31 December 2016, which represents a slight decline of 0.3 percent year-on-year. Growth in its home market was offset by the impact of the stronger yen on foreign revenues. Adjusted EBITDA rose 9 percent to JPY 1.99 trillion, and net income jumped 76.9 percent to JPY 903.9 billion for the 9-month period, helped by the takeover of ARM and better results at Sprint.

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: Softbank / Sprint / Yahoo Japan
Countries: Japan / World
::: add a comment

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's 9-month revenue up 4%, profit jumps 20%

Published 07 Feb 2018 10:56 CET | Japan
Net sales increased at the Domestic Telecommunications segment, the Sprint segment, the Yahoo Japan segment, the Distribution ...

Yahoo! Japan's quarterly profit up 24%, revenue grows 12.7%

Published 09 Feb 2017 11:30 CET | Japan
Yahoo! Japan posted a net profit of JPY 35.6 billion in the fiscal third quarter ended 31 December 2016, which represents an ...

SoftBank launches Tomodachi Leadership Program

Published 01 Feb 2017 07:01 CET | Japan
The Tomodachi Initiative and SoftBank Group have launched the 'Tomodachi Summer 2017 SoftBank Leadership Program'. The event will ...

Sprint results improve further in Q3, sales grow 5%

Published 31 Jan 2017 14:48 CET | United States
Sprint reported a second quarter of consecutive annual revenue growth and continued improvement in margins and customer numbers ...

Softbank puts USD 1 bln into OneWeb

Published 19 Dec 2016 15:06 CET | World
OneWeb said it raised USD 1.2 billion during its latest funding round, led by Softbank with USD 1 billion, as well as existing ...

SoftBank CEO pledges USD 50 bln investment after Trump meet

Published 07 Dec 2016 09:14 CET | United States
SoftBank CEO Masayoshi Son has pledged to invest USD 50 billion in the US and create 50,000 American jobs in the next four years, ...

Softbank quarterly sales slightly lower, profit up 57%

Published 07 Nov 2016 11:04 CET | Japan
Japanese communications provider Softbank reported net sales of JPY 4.27 trillion for the six months ended 30 September 2016, ...

SoftBank sets up Vision Fund to invest in tech sector

Published 14 Oct 2016 08:03 CET | Japan
SoftBank Group will form a private fund to make investments in the technology sector globally. Via the SoftBank Vision Fund, ...





Calendar   /   Industry Events

18 Oct Digi Q3 2019
18 Oct Reliance Jio fiscal Q2
21 Oct Logitech fiscal Q2
21 Oct Brand Marketing and Digital Summit
22 Oct DNA Q3 2019
22 Oct Calix Q3 2019
22 Oct Grameenphone Q3 2019
22 Oct Snap Q3 2019
22 Oct MWC Los Angeles 2019
23 Oct AT&T Q3 2019
23 Oct Rogers Communications Q3 2019
23 Oct Telenor Q3 2019
23 Oct Orange Belgium Q3 2019
23 Oct Microsoft fiscal Q1
23 Oct Netgear Q3 2019
23 Oct Millicom Q3 2019
23 Oct Annual Customer Service Summit
24 Oct Netia Q3 2019
24 Oct Nokia Q3 2019
24 Oct Comcast Q3 2019
24 Oct Verisign Q3 2019
24 Oct STMicroelectronics Q3 2019
24 Oct Juniper Networks Q3 2019
24 Oct Nordic Entertainment Q3 2019
24 Oct Amazon Q3 2019
24 Oct HKBN fiscal FY
24 Oct Maxlinear Q3 2019
24 Oct Televisa Q3 2019
25 Oct Doro Q3 2019
25 Oct Megacable Q3 2019
::: More Calendar Items