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SoftBank

Sharp cuts profit outlook on weak mobile sales

Sharp has cut its annual operating profit outlook by one-third, citing sluggish growth in mobile handsets.

SoftBank profit doubles as mobile business expands

Associated Press reports that SoftBank, which runs the only Japanese mobile operator to offer the iPhone, said profit doubled in the latest quarter as its mobile business continued to expand.

Softbank ups profit, sees growth

Reuters reports that Softbank, Japan’s third-largest mobile operator, reported a 7 percent rise in quarterly group operating profit today, boosted by its Internet and fixed-line phone operations, and forecast 5 percent growth this business year.

Report: Softbank plans MVNO on Emobile’s network

Japan’s two smallest mobile networks, Softbank and Emobile, are reportedly joining forces to offer mobile data services in an alliance that could further threaten the dominance of their two larger rivals, NTT DoCoMo and KDDI.

Industry kickstarts Smart SIM project

Global operators including SK Telecom, KTF, Orange, SoftBank and Telenor, together with smart card vendors Gemalto and Giesecke&Devrient, are teaming up with the GSMA to trial and develop ‘Smart SIM’ technology.

Softbank sinks into loss on Internet service

Softbank, Japan’s third-biggest mobile operator, said today that it sank into a loss in its fiscal fourth-quarter on one-time costs, including launching a fixed Internet service, according to AP News.

Verizon joins JIL

US operator Verizon Wireless is to join the Joint Innovation Lab (JIL) established by China Mobile, Japan’s Softbank and Vodafone (which co-owns Verizon Wireless) to help accelerate the uptake of mobile technologies on a mass-market scale, reports Cellular News.

Japan’s eMobile claims HSPA first

Japanese operator eMobile – focused on providing HSPA services via a data-centric business model – has stolen a march on domestic rivals by launching what it claims is the country’s first commercial HSPA+ network.

Docomo returns to top ranking after three years

Japan’s largest mobile operator NTT Docomo last month managed to replace rival Softbank as the country’s fastest-growing player, regaining the ranking for the first time in three years.

Softbank regains lead in new user signups

Reuters reports that Softbank, Japan’s third-largest mobile operator, outran rivals NTT Docomo and KDDI in the number of net new subscribers it signed up in August, after relinquishing its lead in July to Docomo.