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News

SoftBank Sells T-Mobile Stake for $4.8 Billion

Bloomberg on MSN · 19h
SoftBank Sells T-Mobile Stake for $4.8 Billion to Bet on AI
SoftBank Group Corp. raised around $4.8 billion through a sale of T-Mobile US Inc. shares, a move that helps fund the Japanese company’s grandiose plans for artificial intelligence.The Tokyo-based technology group sold 21.
Verdict on MSN · 12h
SoftBank to raise $4.9bn by selling T-Mobile stake
T-Mobile announced the acquisition of US Cellular's wireless communications, including its stores and customers, for $4.4bn. "SoftBank to raise $4.9bn by selling T-Mo
Mint on MSN · 4h
SoftBank sells T-Mobile stake for $4.8 billion: How the mega share sale boosts Masayoshi Son's AI push
SoftBank Group raised $4.8 billion by selling its stake in T-Mobile US to fund AI investments. The company's founder, Masayoshi Son, aims to create AI reasoning that is superior to humans.
Wall Street Journal4y
SoftBank to Raise as Much as $20.12 Billion From T-Mobile Stake Sale
SoftBank Group Corp. said Wednesday that its planned sale of T-Mobile US Inc. shares will raise as much as $20.12 billion before fees and other expenses, which is part of a 4.5 trillion yen ($42 ...
ZDNet5y
SoftBank is looking to sell its T-Mobile stake
The potential sale would be part of SoftBank Group's ¥4.5 trillion ... SoftBank Group's decision to try and shed its T-Mobile US stake follows the company revealing it suffered an operating ...

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