Jul
15

Investing in SoftBank Is Becoming a Bet on Its Founder’s Deal-Making Prowess

By

For most of its existence, SoftBank was known as a Japanese phone company that made some lucky bets. But in the future, being an investor in the company will mean betting on the investment prowess of its founder, Masayoshi Son.

Over the past few months, SoftBank has moved to drastically shrink itself. In April, it struck a deal to combine Sprint, which it controls, with T-Mobile, reducing its share of the embattled American carrier’s financial burden. It announced plans this week to spin out its domestic telecom business

Investing in SoftBank Is Becoming a Bet on Its Founder’s Deal-Making Prowess

Share
Categories : Finance

Leave a Reply

You must be logged in to post a comment.