Tuesday, May 10, 2011

SoftBank Sees Strong Growth


SoftBank, one of Japan's largest telecoms companies, said its sales rose 5% year-on-year in the quarter ending March 31 to 754.74 billion Japanese yen (9.33 billion US dollars). Sales in the mobile communications division climbed 11% to 485.93 billion yen, as SoftBank added another one million mobile connections in the quarter. The company claimed it is spending significantly more capex per subscriber than its rivals. source: SoftBank spreadsheet 

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