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Topic: SoftBank


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In the News (Sat 25 May 13)

  
  Nasdaq Japan ups Softbank's pressure. - Aug. 17, 2002   (Site not responding. Last check: 2007-11-04)
Softbank has sold off many of its Internet venture holdings since the dot-com bubble burst, but it may not be so easy to pull out of its money-losing Nasdaq Japan venture, analysts said, despite an expected exit by the U.S. Nasdaq Stock Market.
Softbank, which has gone from software distributor to computer systems integrator to Internet incubator in the two decades since its founding, is now trying to leave the dot-com bubble behind by shifting its focus to high-speed communications.
Softbank has said it is considering selling its 49 percent stake in Aozora, created from the ashes of failed Nippon Credit Bank to provide funding to small and mid-sized businesses.
money.cnn.com /2002/08/17/news/international/bc.tech.japan.softbank.reut   (902 words)

  
 Softbank says quarterly profit down - Boston.com
Softbank Mobile, currently the No. 3 carrier in Japan by subscribers after NTT DoCoMo and KDDI, is pitching to increase its subscribers since the start of number portability in Japan in October.
Softbank ran into some trouble late last year over its advertising campaign during the October introduction of mobile number portability, which allows users to switch carriers but keep their phone numbers.
Softbank's fixed-line sales rose 5 percent to 93.71 billion yen (US$774.48 million; euro596.35 million), from 90.25 billion yen a year ago, but its operating revenue loss widened to 2.60 billion yen (US$21.51 million; euro16.56 million) in deficit, compared with a net loss of 1.78 billion yen.
www.boston.com /business/articles/2007/02/08/softbank_says_quarterly_net_profit_down   (441 words)

  
 SOFTBANK Korea Investments
SOFTBANK has repeatedly recognized the potential for growth in many IT companies in several industries earlier than other similar investors, and it will continue to invest in and provide support for companies that possess the potential for making new strides in the IT industry.
SOFTBANK had recognized the development and future growth potential of the Korean IT industry, and in February of 2000, established the Venture Capital team of SOFTBANK Korea Investments, responsible for investments across a family of SOFTBANK related funds, in order to help contribute to Korea’s development.
SOFTBANK Korea Investments focuses on searching for and investing in promising IT companies and providing support for their development to become a leader in the IT industry.
www.softbank.co.kr /Eng/aboutus/company.htm   (297 words)

  
 Softbank -- Company History   (Site not responding. Last check: 2007-11-04)
Softbank Investment International (Strategic) Limited ("SIIS", HKSE stock code: 0648) was formerly known as Cheung Wah Development Company Limited ("Cheung Wah"), listed on the Hong Kong Stock Exchange from October 1990, and originally engaged in dyestuffs distribution, household fabrics and garment manufacturing, property and other investments.
In March 2000, Softbank Finance Group subscribed from Cheung Wah 1.152 billion of its new shares, and became its major shareholder (representing 61.1% of the enlarged issued share capital at that moment).
During the month of September 2003, Softbank Corp.’s shareholdings in SIIS was diluted from 47.93% to 35.45% owing to the conversion of certain convertible notes in SIIS by the noteholders in light of strong performance of SIIS’s share price.
www.softbank.com.hk /eng/about/history.html   (147 words)

  
 CNN.com - Softbank still bullish, despite fall - April 11, 2001
Softbank closed Wednesday at 4,530 yen, up more than 3 percent on the day but a long way from its split-adjusted record of 66,000 yen in February 2000.
Softbank's market value this week was down to about $12 billion, less than one-tenth its peak, and the collapse of the dotcom boom has wiped out more than 80 percent of the value of its stock holdings since the end of March 2000.
Softbank has heavy exposure to the Yahoo online media group, with a 22 percent stake in Yahoo Inc. and 51 percent of Yahoo Japan Corp. The two account for more than 50 percent of Softbank's stock holdings of about $8 billion.
edition.cnn.com /2001/BUSINESS/asia/04/11/japan.softbank.business   (706 words)

  
 CNN.com - Softbank unit to list on Tokyo board - January 22, 2002
Softbank Investment said Monday its group net profit for October-December fell 96.2 percent from the same quarter the previous year to 276 million yen ($2.08 million), as returns on its venture capital investments continued to plunge.
Softbank Investment posted a net profit of 8.16 billion yen for the year ended last September despite a 55.2 percent decline in revenue, due to hefty capital gains on the sale of shares in U.S. venture companies.
Softbank Commerce, which had received approval for the listing from the OSE in August, had already postponed a planned September 2001 listing after the stock market plunged.
archives.cnn.com /2002/BUSINESS/asia/01/22/japan.softbank.biz/index.html   (452 words)

  
 Softbank cuts losses in telecom push - Breaking   (Site not responding. Last check: 2007-11-04)
Softbank, through Japan Telecom, started to offer in the third quarter to December a new package combining internet protocol (IP) phones and internet service, and has already won orders from 860,000 subscribers.
But Softbank incurred an operating loss of ¥14.3 billion for the fixed-line business in the nine months to December, owing to the launch of the new service with Japan Telecom.
Softbank is also hoping to join the cellular service to tap into Japan's major market for third-generation phones, the technology that offers e-mail messages and video downloads on mobile phones.
www.smh.com.au /technology/ - !http://www.smh.com.au/news/Breaking/Softbank-cuts-losses-in-telecom-push/2005/02/10/1107890330418.html?from=moreStories   (354 words)

  
 Softbank joins battle for Fuji TV - Breaking   (Site not responding. Last check: 2007-11-04)
Softbank Corporation's venture capital unit, Softbank Investment Corp., said it had reached a five-year agreement to lease a 13.88 percent stake in Fuji TV from Nippon, a Fuji media group radio station.
The move by the unit of Softbank, which runs Japan's Yahoo broadband service and is known for aggressive acquisitions of internet firms, would make it harder for Horie's Livedoor to control Fuji TV via Nippon.
Softbank Investment, Fuji TV and Nippon jointly announced Thursday the radio station would lease 353,704 shares, or a 13.88 percent stake in the TV network, to Softbank for five years with immediate effect.
www.theage.com.au /technology/ - !http://www.theage.com.au/news/Breaking/Softbank-joins-battle-for-Fuji-TV/2005/03/25/1111692611569.html?from=moreStories   (524 words)

  
 FindLaw - Joint Venture Agreement - Softbank Corp. and E*Trade Group Inc.
SOFTBANK shall have the right, exercisable in its sole discretion, to remove and, subject to E*TRADE's prior approval of the proposed successor, replace the President or any Key Officer at any time, effective upon the delivery of written notice to E*TRADE Japan, the President or the Key Officer, and E*TRADE.
SOFTBANK shall also have the right, exercisable in its sole discretion, to remove and, subject to E*TRADE's prior approval of the proposed successor, replace a Statutory Auditor at any time, effective upon the delivery of written notice to E*TRADE Japan, the Statutory Auditor to be removed and E*TRADE.
SOFTBANK is a corporation duly organized and validly ------------ existing under the laws of Japan, and has the corporate power and authority to enter into and perform this Agreement and the other Transaction Documents to which it is a party.
contracts.corporate.findlaw.com /agreements/etrade/softbank.jv.1998.06.03.html   (4387 words)

  
 Wired News: Ad Firm Founders Sue Softbank, ZD
The suit alleges that Softbank Interactive was mistreated by its majority shareholder, Softbank Holdings, from the get-go, and should not have been sold to Zulu-Tek Inc., which bought Softbank Interactive in December.
However, Softbank Interactive was only named as a "nominal defendant" in the complaint, which means that it and its new owners are not a primary target of the action.
Meanwhile, Softbank Holdings "refused to provide the level of funding that was necessary for the effective operation of SIM," and instead decided to sell the firm, the lawsuit alleges.
www.wired.com /news/business/0,1367,11810,00.html   (1505 words)

  
 Softbank plans Latin fund - Jan. 11, 2000
    Softbank, best known for its investments in Yahoo (YHOO), E*trade (EGRP) and Ziff-Davis (ZD), will launch the fund at the end of January with initial capital of $100 million and will seek strategic partners to join the venture, to be known as Softbank Latin America Ventures (SLAV}.
    Softbank said the region was "on the verge of an Internet explosion”, with the number of regular Net users expected to triple to 24.3 million by 2003, citing estimates from consultant IDC.
    Softbank shares, which have crumbled since the start of the year after soaring through most of 1999, climbed 6.5 percent in Tokyo Tuesday, closing at 81,600 yen compared to a year high of 103,000.
money.cnn.com /2000/01/11/emerging_markets/softbank   (304 words)

  
 The InfoTech 100 Companies: Softbank Profile
SOFTBANK provides various telecommunications services in Japan, Korea, China, Hong Kong, and Singapore; the U.S. and Canada; and Europe.
SOFTBANK was founded in 1981 and is headquartered in Tokyo, Japan.
Son was president and chief executive officer of Japan Sky Broadcasting from 1996 to 1998 and Softbank Networks from 1997 to 1998.
www.businessweek.com /it100/2006/5.htm   (472 words)

  
 USATODAY.com - Softbank says data on 4.52 mln subscribers leaked   (Site not responding. Last check: 2007-11-04)
Son said the breach of security came from Softbank BB, the subsidiary that manages the business and of which he is also CEO.
Softbank said it believes the information was obtained from the inside, but it does not yet know specifically how the information was obtained.
Softbank also said its Chief Executive Masayoshi Son will have his Softbank salary cut by 50% for six months to take responsibility for the incident.
www.usatoday.com /tech/world/2004-02-27-softbank-leaks_x.htm   (559 words)

  
 Softbank considers reorganization | CNET News.com
Although no plans are final, Softbank is considering at least one reorganization proposal, which has been floated among the company's largest advertisers and trade show clients, according to sources who asked not to be identified.
Softbank has an estimated $1 billion in annual revenues in its U.S.-based properties.
At that time, the computer publishing group was sold to Wall Street buyout specialists Forstmann Little for $1.4 billion, while Softbank chairman Masayoshi Son purchased what was then called ZD Expos, today's Softbank Forums.
news.com.com /2100-1023-202999.html   (608 words)

  
 Softbank joins WiMax fray - Communications - News - ZDNet Asia   (Site not responding. Last check: 2007-11-04)
The trial will let Softbank assess the effectiveness of WiMax as a wireless broadband technology and its potential to be integrated with the company's portfolio of telecommunications services, according to a statement Tuesday.
To be conducted over five months, the trial will focus on the performance of WiMax in the 2.5GHz spectrum, particularly with regard to throughput and range, as well as the speed of network handovers between access points.
Junichi Miyakawa, executive vice president of Vodafone K.K., which Softbank acquired in April this year, said Softbank "has been preparing to provide innovative new services to launch full-scale wireless broadband services and to realize a true ubiquitous society".
www.zdnetasia.com /news/communications/0,39044192,39378316,00.htm   (642 words)

  
 MySpace to launch in Japan with Softbank - Breaking News - Business
The firms are expected to announce the deal as early as this week after a meeting between News Corp Chairman and Chief Executive Rupert Murdoch and Softbank CEO Masayoshi Son, it said.
Softbank spokesman Takeaki Nukii declined to comment on the report.
A research note by UBS said in June that News Corp and Softbank would set up a joint venture to launch MySpace.com in Japan by mid-September, citing comments by Murdoch.
www.theage.com.au /news/Business/MySpace-to-launch-in-Japan-with-Softbank/2006/11/06/1162661601180.html   (274 words)

  
 Softbank - the Internet Zaibatsu ~ gate39.com: a webzine on Japan   (Site not responding. Last check: 2007-11-04)
Softbank has begun reforming itself into a pure Internet company, and to do this it has begun leveraging the knowledge, technology, business, plan and brand name of its estimated 150+ global investments; and along with some strong partnerships have begun implementing them in Japan.
Other Softbank brands are able to borrow technologies and ideas from its non-Japanese counterparts and repackage them for the Japanese market.
Son and Softbank are using this classic Japanese holding company model to gain large shares of the Japanese Internet market.
www.gate39.com /business/softbank.aspx   (771 words)

  
 Update: Softbank to acquire Vodafone's Japan unit | InfoWorld | News | 2006-03-17 | By Jeremy Kirk and Martyn Williams, ...
Softbank has agreed to buy Vodafone Group's struggling Japanese mobile phone unit for around ¥1.8 trillion ($15.3 billion), the companies announced Friday.
Softbank, one of Japan's biggest telecoms and IT companies, will gain control of Vodafone KK, which is the third-largest mobile phone operator in the country.
Softbank was an early investor in Yahoo and over the last few years has been selling off its stake to fund an aggressive expansion in telecoms, the broader IT industry and even banking.
www.infoworld.com /article/06/03/17/76573_HNsoftbankvodafone_1.html   (1376 words)

  
 Setting Fire To The Cell-Phone Market
Softbank's Son sues to open the cellular spectrum to outsiders -- such as himself
A stunt of course, but he was deadly serious about one thing: He felt regulators were dragging their feet in forcing Japan's Nippon Telegraph & Telephone Corp. (NTT), the former monopoly operator, to fulfill its legal obligation to connect residential customers to the broadband lines of Yahoo!
Softbank has $5 billion in cash to invest in a new system.
www.businessweek.com /magazine/content/04_44/b3906073.htm   (887 words)

  
 SOFTBANK BB
SOFTBANK BB also currently serves the most voice over IP (VoIP) customers in Japan through its BB Phone brand.
With rapid subscriber growth and its expanding portfolio of services, SOFTBANK BB recognized the need to make self-management part of its services – both to enhance and differentiate the user experience, as well as to simplify operational processes.
SOFTBANK BB has implemented Motive’s self-management products for the communication industry, and has seen a significant improvement in the broadband subscriber experience and substantial cost-savings in operational areas associated with configuration, problem resolution and upgrades.
www.motive.com /customers/bios/bio.asp?customer=softbankbb   (164 words)

  
 Influx of new subscribers briefly paralyzes Softbank - Engadget Mobile
Americans, some of whom still have the nasty aftertaste in their mouths of the nightmarish number portability rollout here, must be feeling for their Japanese counterparts today.
After flipping the switch this month to allow folks to take their numbers with them, it seems Softbank Mobile was the big winner -- sort of.
In the process of accepting thousands of incoming applicants, their computer system buckled under the load, leaving the carrier all but paralyzed over the weekend and unable to accept sign-ups or cancellations.
www.engadgetmobile.com /2006/10/30/influx-of-new-subscribers-briefly-paralyzes-softbank   (831 words)

  
 Mobile Phone Rental in Japan│SoftBank Global Rental
SoftBank Global Rental provides worldwide communications through the convenient rental of two styles of phones, the J-SA51 (PDC type) with a local Japanese number or 3G Nokia handsets (W-CDMA type) that can be used with your own SIM card* and phone number.
Telephone number allocation in advance is available upon request when booked 4 working days prior to the rental start date.
Please note that your home country's network operator must have a roaming agreement with SoftBank Mobile, and your SIM card must be post-paid.
www.softbank-rental.jp /campaign/cxh   (575 words)

  
 In Brief: Softbank sells part of Yahoo Japan stake | InfoWorld | News | 2006-03-23 | By Martyn Williams, IDG News ...
Softbank has sold a slice of its stake in Yahoo Japan in part to help finance its acquisition of Vodafone Group's Japan unit, it said Wednesday.
BB Technology, which is a wholly owned unit of Softbank, sold 173,000 shares of Yahoo Japan for ¥23.3 billion ($199 million), Softbank said in a statement.
The shares are equivalent to a 0.6 percent stake in Yahoo Japan and leave the Softbank group holding a 41.3 percent stake in the Japanese Internet portal operator.
www.infoworld.com /article/06/03/23/76734_HNsoftbankbrief_1.html   (947 words)

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