Softbank rolls in cash as Vision Fund and Sprint come good
Japanese money train Softbank has continued to steam along as profits jump 50% with the inclusion of its Vision Fund, and some good behaviour from problem child Sprint.
Profit for the quarter stood at 479.3 billion yen, with total sales at 2.19 trillion yen, representing a marginal increase from the same period in 2016. Sales numbers generally hit expectations from the industry, though the profit boost is a nice little earner for the business, especially as it would have appeared to have turned
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