SoftBank Corp
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SoftBank is raising 30 billion yen (US$263 million) to fund its work in high-altitude mobile services from the stratosphere. -
SoftBank has partnered with SES to deliver live sporting events in Japan.
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The next generation of mobile communications will need to offer 100% global coverage with guaranteed service levels, according to SoftBank’s head of advanced technology.
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OneWeb’s second generation of satellites will use optical intersatellite links, software defined radios and networks, and-on board signal regeneration and traffic routing.
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SoftBank increased its income by 6% in the first three quarters of the financial year, and it expects the increase to be 5.4% over the whole year, the company announced today.
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Satellite company OneWeb will be a completely wholesale operation from its commercial launch in October, the executive chairman has told Capacity.
Forthcoming events
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Softbank Corp is to join the Japanese Security Token Association (JSTA).
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SoftBank Group Corp has confirmed the sale of approximately 1.33 trillion yen ($12.5 billion) in stock of its mobile business unit.
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SoftBank last night set a price of US$103 for each of the shares in T-Mobile US that it is selling – $4 below last night’s closing price of $107.16.
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Loss-making SoftBank Group is to sell around two-thirds of its stake in T-Mobile US in order to raise 2 trillion yen (US$21 billion).
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SoftBank Group Corp has announced plans to sell a 5% stake in its Japanese wireless telco SoftBank Corp.
Forthcoming events
Capacity Middle East is the largest carrier meeting for the Middle Eastern region, uniting the region’s key ICT players.
