Softbank borrows JPY35 billion to fund ‘Society 5.0’ 5G build

Japanese operator Softbank played up the societal benefits of 5G as it raised fresh funds for its network rollout.
The company has taken out a so-called ‘social loan’ totalling JPY35 billion ($282 million) from a group of banks. Proceeds from social loans are used exclusively for projects that contribute to solving social issues, and so Softbank has gone to some lengths to highlight how its high-speed mobile network can be used for more than just ordering takeaways and video streamin