|Softbank president plans data push to shake up U.S. market|
(From Bloomberg) Softbank Corp. (9984) President Masayoshi Son said his planned $20 billion investment in Sprint Nextel Corp. (S) brings growth opportunities well beyond phones in a U.S. market dominated by Verizon Wireless and AT&T Inc.
Son said he wants to repeat the success he had while building Softbank into Japan’s third-largest wireless carrier by taking market share from entrenched giants and delivering more data to smartphones, tablets, cars and even bicycles. The company gets more than two-thirds of its revenue from data services, about double the average in the U.S., he said.
Click here to read the full story.
comments powered by Disqus
Real estate recap: DPW reorganization recommendations coming … Capital Region home sales post 5% gain in February … WWII bombing range near Hammond at center of new lawsuit
The case for coming home
Office Parks Get a Makeover
What Families Are Spending on Prom Night