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Softbank sinks into quarterly loss on costs related to Internet services, slower handset sales

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Softbank sinks into quarterly loss on costs related to Internet services, slower handset sales Posted: Apr 30, 2009 6:50 AM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Softbank sinks into quarterly loss on costs related to Internet services, slower handset sales
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Softbank sinks into loss on Internet service TOKYO — Softbank Corp., Japan's third-biggest mobile carrier, said Thursday that it sank into a loss in the fiscal fourth quarter on one-time costs, including launching a superfast Internet service. Softbank reported a net loss of 15.01 billion yen ($154.3 million) for the January-March period, a reversal from the 15.4 [...]

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