Tuesday, November 2, 2010
iPhone Helps SoftBank Ride High
SoftBank last week reported a 12% year-on-year increase in sales to 764 billion Japanese yen (9.48 billion US dollars) in the quarter ending September 30. Aided by strong demand for the iPhone, which SoftBank has exclusively, the Japanese company said its mobile communications business added 901,000 new customers in the quarter compared with 360,700 in the same quarter in 2009.
Aiming to double its mobile base stations to 120,000, SoftBank plans to spend 400 billion yen on capex in the year to the end of March 2011 compared with 222.9 billion yen the previous year. SoftBank said that 54,000 customers had applied for femtocells by September 2010. source: SoftBank statements and presentations
Labels: More East Asia telecoms
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