0
General

Softbank's H1 net income falls, revenues up 10%

Wednesday 4 November 2015 | 11:50 CET | News
Japanese communications provider Softbank posted a net income of JPY 426.7 billion for the first half ended 30 September, a decrease of 22 percent year-on-year. The company recorded an impairment charge of JPY 33.2 billion in the period to write down the value of its stake in Trikomsel, an Indonesian company undergoing debt restructuring. Softbank's net sales amounted to JPY 4.42 trillion in H1, up 10 percent from JPY 4.02 billion a year earlier, and EBITDA increased 22 percent to JPY 1.32 trillion. Revenue growth was helped by the weaker yen versus the US dollar, as well as underlying growth

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
Countries: Japan / United States
::: 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 FY profit drops 27% on Brightstar writedown

Published 10 May 2016 09:55 CET | Japan
Japanese operator Softbank reported net profit for the fiscal year to March 2016 down 26.9 percent to JPY 558.2 billion, hurt by ...

SoftBank splits company into domestic, international ops

Published 07 Mar 2016 14:50 CET | Japan
The SoftBank Group has started a major company-wide reorganisation, positioning its two core businesses, namely domestic ...

Softbank's Q3 operating profit grows 7.3%

Published 10 Feb 2016 11:36 CET | Japan
Japanese communications provider Softbank posted an operating income of JPY 189.6 billion for its fiscal third quarter to 31 ...

Sprint will take USD 150 mln charge for layoffs

Published 23 Dec 2015 09:30 CET | United States
Sprint expects to take a USD 150 million one-off charge this quarter as part of a round of layoffs expected to last through ...

Sprint adds 1.1 million net customers in Sept quarter

Published 03 Nov 2015 14:24 CET | United States
Sprint added 1.1 million net customers in its second fiscal quarter, compared to 590,000 in the first quarter, as it recorded a ...

SoftBank taps OT for M2M, IoT, connected devices in Japan

Published 10 Sep 2015 10:51 CET | Japan
Oberthur Technologies (OT) has partnered with SoftBank on M2M, IoT and connected devices in Japan. OT will provide SoftBank with ...

SoftBank appoints Google's Hornsey as CAO

Published 04 Sep 2015 09:40 CET | Japan
Japanese operator SoftBank has appointed Liane Hornsey as its chief administrative officer. Hornsey previously served as VP of ...

SoftBank, Netflix strike partnership agreement in Japan

Published 24 Aug 2015 09:17 CET | Japan
Japanese operator SoftBank and internet TV network Netflix have announced that SoftBank will exclusively offer a fully integrated ...

Softbank buys Sprint shares, could raise stake to 85%

Published 13 Aug 2015 08:51 CET | United States
Japanese telecom group SoftBank bought 22.87 million shares of Sprint from 10 to 12 August at an average price of USD 3.80, or ...

Softbank's Q1 profit jumps 124.6%

Published 06 Aug 2015 12:34 CET | Japan
Japanese communications carrier Softbank saw its net income grow by over 124.6 percent to JPY 250 billion in the fiscal first ...

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 ...