SoftBank signs “pre-5G/4.5G” deals with ZTE and Huawei

Japan’s third largest mobile operator SoftBank has signed separate TD-LTE network development deals with both of China’s major telecoms equipment makers – ZTE and Huawei. SoftBank said today it has worked out a deal with ZTE to use its “pre-5G” …

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Snapdeal hires Airtel CMO

Indian online marketplace Snapdeal has hired Bharti Airtel’s business-to-consumer CMO Govind Rajan and appointed him as its new chief strategy officer. Rajan, who also headed Airtel Money, will take on the new role in August. The appointment comes less than …

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SoftBank, Bharti, Foxconn form renewable energy venture

Japan’s SoftBank, India’s Bharti Enterprises and Taiwan’s Foxconn have set up a joint venture that will invest an estimated $20 billion over 10 years into renewable energy projects in India. SoftBank will take a majority stake, while Bharti and Foxconn …

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SoftBank forms robot venture with Alibaba and Foxconn

Japanese mobile operator SoftBank is teaming up with China e-commerce giant Alibaba and contract manufacturer Foxconn to set up a robot venture to sell its human-like robot globally. Reuters reported that SoftBank, Japan’s third largest mobile player, would have a …

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SoftBank invests $1B in Korea’s largest m-commerce firm Coupang

Japanese mobile operator SoftBank plans to invest $1 billion in South Korea’s biggest mobile commerce company Coupang, in a deal that will be the country’s largest internet investment. Coupang’s current investors include BlackRock, Sequoia Capital and hedge-fund investor William Ackman. …

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SoftBank ups Supercell stake

Japan’s SoftBank has upped its stake in Supercell, the Finnish company behind popular gaming apps like Clash of Clans and Hay Day, from 50.5 per cent to 73.2 per cent. “SoftBank positions its partnership with Supercell as core to its mobile content …

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Arora to replace Son as Yahoo Japan chairman

Yahoo Japan chairman Masayoshi Son is stepping down in June and will be replaced by newly-appointed SoftBank president Nikesh Arora (pictured). Son, chairman and CEO of SoftBank, will remain as a director at Yahoo Japan. SoftBank – the third largest …

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SoftBank embraces TD-LTE to handle peaks and cut costs

LIVE FROM BROADBAND ASIA, SINGAPORE: Japan’s SoftBank has successfully deployed TD-LTE networks to cope with the uneven distribution of data consumption across sites that impacted quality of service and was previously costly for it to address. Han Gang, ZTE’s VP …

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SoftBank’s Son hints at successor; profit rebounds

SoftBank chairman and CEO Masayoshi Son said he will appoint the head of its US-based investment arm Nikesh Arora (pictured) as representative director and president of SoftBank, suggesting he could name him as a future successor. The former Google executive joined the …

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