Softbank Stories April 25

Loon graduated from the X Moonshot Factory last year to become a full-fledged Alphabet company. SoftBank-owned HAPSMobile today announced a $125 million Loon investment as part of a long-term strategic relationship into high altitude networks.

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Softbank Stories June 11, 2017

In addition to unlocked availability online, the Essential Phone will be sold through Sprint. As the “exclusive U.S carrier,” Sprint will be providing a “premium space to showcase” the device.

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Softbank Stories June 8, 2017

Over a year after reports first emerged that Alphabet was going to sell Boston Dynamics, a deal has finally been announced. SoftBank will be acquiring the robotics company, though exact details of the transaction have not been revealed.

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Softbank Stories February 17, 2017

A woman talks on her phone as she walks past T-mobile and Sprint wireless stores in New York in this file photo from July 30, 2009. Sprint Corp is mulling a bid for T-Mobile US, according to a report in the Wall Street Journal citing people familiar with the matter. REUTERS/Brendan McDermid/Files (UNITED STATES - Tags: BUSINESS TELECOMS)

A new Reuters report today shares that SoftBank is willing to hand over control of Sprint to Deutsche Telekom’s T-Mobile to make a merger happen, according to unnamed sources close to the matter. Discussions haven’t begun yet, but are expected to start in April after the FCC auction of airwaves and anti-collusion ban is over.

With Verizon and AT&T both fighting to keep customers with new unlimited plans this week and 5G networks on the horizon, a merger could be mutually beneficial for Sprint and T-Mobile.

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Softbank Stories July 18, 2016

ARM, the British chip designer responsible for the processors in loads of mobile devices, looks set to be bought by Japanese telecoms company Softbank.

The deal will need to be approved by shareholders, but with ARM recommending it and a valuation 43% above last week’s closing price, it looks likely to go through. It is, however, possible that other companies may make their own bid for the company.

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Softbank Stories November 7, 2014

Sprint appoints former Google executive Nikesh Arora to its board of directors

Sprint announced on Friday that it has appointed former Google executive Nikesh Arora to the company’s board of directors. Arora worked at Google for a decade, leaving his post as Senior Vice President and Chief Business Officer in August to become Vice Chairman and CEO of Internet and Media at SoftBank, the parent company of Sprint.

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