SoftBank reports strong Q1 results amid 5G and AI expansions

SoftBank has announced its consolidated financial results for the first quarter of the fiscal year, showcasing robust performance and strategic initiatives aimed at long-term growth. The report highlights significant year-on-year improvements across key financial metrics.

For the three months ended June 30, 2024, SoftBank reported:

Revenue: ¥1,535,722 million, a 7.4% increase from the previous year. Operating income: ¥303,927 million, up 23.4%. Profit before income...

6 August 2024 | 5G

SoftBank to distribute OneWeb’s services throughout Japan

SoftBank and OneWeb have inked a distribution partnership agreement to usher in a new era of satellite communication services throughout Japan.

OneWeb's Low Earth Orbit (LEO) satellite-based services will be at the heart of delivering enhanced connectivity across the nation. LEO satellites, positioned closer to Earth, enable lightning-fast communication with minimal latency.

Integrating OneWeb’s cutting-edge LEO satellite services with SoftBank's closed-domain...

12 September 2023 | Broadband