Softbank

Softbank to deploy Ericsson Radio Dot System across Japan

Softbank to deploy Ericsson Radio Dot System across Japan

New Delhi [India], Apr 22 : Following more than two years of verification and testing, SoftBank Corp., a subsidiary of SoftBank Group Corp. on Friday announced its decision to deploy the Ericsson Radio Dot System across Japan to deliver premium indoor connectivity to its subscribers.

SoftBank began extensive testing of the Radio Dot System and several other indoor solutions in Japan in June 2015 to evaluate its options for meeting the huge demand for better indoor coverage in mid-sized to large buildings.

The Ericsson Radio Dot System proved its ability to enable high-performance voice and data coverage and capacity in a broad range of enterprise buildings and public venues, and will now be deployed for SoftBank later this year.

SoftBank purchases 22.87 Million Shares in Sprint

SoftBank purchases 22.87 Million Shares in Sprint

According to reports, from 10 to 12 August, Japanese telecom group SoftBank purchased 22.87 million shares of Sprint at an average price of USD 3.80. The shares are 0.58% of outstanding shares of Sprint common stock and they lifted SoftBank’s holding to 3.17 billion shares.

As per the reports, the acquisition was made through US subsidiary Galaxy Investment which is entirely owned by SoftBank. It wants to keep on purchasing Sprint shares, however will not increase its stake to 85% or more.

As per the company, it has been using significant resources in order to optimize Sprint's network strategy and is sustaining the growth of innovative lease financing structures.

SoftBank invests 90M dollars in India's Housing.com

SoftbankiWashington, Dec 17 - Locon Solutions, the company that runs India's Housing. com property portal, is set to receive a 90 million round from SoftBank.

According to Tech Crunch, the Japanese telecom giant led the round in the property search company, with additional participation from Falcon Edge and other undisclosed investors.

This would be SoftBanks' fourth investment in India this year.

Housing. com has raised up to 121 million dollars in investor money over the past two years.

SoftBank announced that it was now the company's largest shareholder, but refrained from revealing the size of its investment/stake or Housing. com's post-money valuation, the report said. (ANI)

Japan's SoftBank to invest USD 10 billion in India

New Delhi, Oct. 28 - The Chairman and Chief Executive Officer (CEO) of Japanese telecommunications and internet firm SoftBank Corporation, Masayoshi Son, has pledged an investment of USD 10 billion in India's IT and communications sector in the coming years.

The proposed investment was committed in a meeting with the Telecom Minister Ravi Shankar Prasad.

Masayoshi Son, accompanied by a delegation of his company directors, had also met Prime Minister Narendra Modi on Monday, to discuss various investment plans in India.

Bloomberg Billionaires Index has named Son as the richest man in Japan, with an estimated wealth to be worth USD 16.6 billion. (ANI)

SoftBank CEO calls on PM Modi

Masayoshi SonNew Delhi, Oct 27 : The Chairman and CEO of Japanese telecommunications and internet firm SoftBank Corporation Masayoshi Son called on Prime Minister Narendra Modi on Monday.

Son, who was accompanied by a delegation of his company directors, covered many issues during his interaction with Prime Minister Modi.

Bloomberg Billionaires Index has named Son as the richest man in Japan, with an estimated wealth to be worth USD 16.6 billion. (ANI)

Human-like robot 'Pepper' can analyze gestures, expressions and voice tones

Human-like robot 'Pepper' can analyze gestures, expressions and voice tonesLondon, June 6 - Japanese telecommunications and Internet Corporation, Softbank has unveiled a human-like robot called Pepper that can analyze gestures, expressions and voice tones.

The robot uses an 'emotional engine' and a cloud-based artificial intelligence system and people can communicate with it just like they would with friends and family. Softbank says it plans to launch the robot commercially in Japan next year, The BBC reported.

The futuristic robot will be available for 1930 dollars.




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