TOKYO: SoftBank Group’s second-quarter operating profit rose 39% on cost cuts and some improvement at its struggling US unit Sprint Corp.
SoftBank, which purchased a majority stake in US wireless carrier Sprint for more than US$20bil in 2013, said yesterday its July-September operating profit climbed to 342 billion yen (US$2.8bil) from 246 billion a year earlier.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
