{"id":29769,"date":"2020-05-21T11:19:43","date_gmt":"2020-05-21T11:19:43","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=281717"},"modified":"2020-05-21T11:19:43","modified_gmt":"2020-05-21T11:19:43","slug":"softbank-offloads-part-of-japan-mobile-business","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/05\/21\/softbank-offloads-part-of-japan-mobile-business\/","title":{"rendered":"SoftBank offloads part of Japan mobile business"},"content":{"rendered":"

<\/p>\n

\tSoftBank Group prepared to put a portion of its domestic mobile operator on the block, its latest move in a JPY4.5 trillion ($41.8 billion) asset sale and share buy-back scheme designed to cut its massive debt.<\/p>\n

In a statement, the company said it approved a sale of 240 million shares in SoftBank Corp, which Mobile World Live estimates are valued at around JPY330 billion, with the transaction scheduled for 26 May.<\/p>\n

The number of shares on offer equate to 5 per cent of SoftBank’s stake in the mobile business, reducing its overall holding to 62.1 per cent.<\/p>\n

SoftBank said the sale is part of a plan outlined in March [1] to tackle debt and boost its cash reserves. At the time, Reuters tipped a sale of its holding in T-Mobile US as a possible move relating to the strategy: this week Bloomberg reported a deal was close to being settled [2].<\/p>\n

The stake sales come at a turbulent time for SoftBank, which reported a record net loss [3] of JPY961.6 billion in the year to end-March.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/softbank-to-offload-41b-in-assets-to-cut-debt\/
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/softbank-us-stake-sale-tipped-as-imminent\/
\n[3] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/softbank-suffers-record-loss-on-vision-fund-woes\/<\/p>\n\n

\\\"IT\u96fb\u8166\u88dc\u7fd2
\u7acb\u523b\u8a3b\u518a\u53ca\u5831\u540d\u96fb\u8166\u88dc\u7fd2\u8ab2\u7a0b\u5427!<\/figcaption><\/figure>\r\n<\/br>Find A Teacher Form:\r\n<\/br>https:\/\/docs.google.com\/forms\/d\/1vREBnX5n262umf4wU5U2pyTwvk9O-JrAgblA-wH9GFQ\/viewform?edit_requested=true#responses\r\n<\/br><\/br>Email:\r\n<\/br>public1989two@gmail.com






\r\nwww.itsec.hk<\/a>
\r\nwww.itsec.vip<\/a>
\r\nwww.itseceu.uk<\/a>
<\/p>","protected":false},"excerpt":{"rendered":"

SoftBank Group prepared to put a portion of its domestic mobile operator on the block, …<\/p>\n

The post SoftBank offloads part of Japan mobile business<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":212,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"SoftBank offloads part of Japan mobile business - ITTeacherITFreelance.hk","description":"SoftBank Group prepared to put a portion of its domestic mobile operator on the block, ... The post SoftBank offloads part of Japan mobile business appeared fir"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/29769"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/212"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=29769"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/29769\/revisions"}],"predecessor-version":[{"id":29770,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/29769\/revisions\/29770"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=29769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=29769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=29769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}