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UPDATE 1-SoftBank profit jumps as Sprint trims loss; readying launch of $100 bln fund

February 08, 2017

TOKYO, Feb 8- Japan's SoftBank Group Corp reported a better-than-expected 71 percent rise in third-quarter operating profit due to shrinking losses at U.S. unit Sprint Corp and strength in its domestic telecommunications business. SoftBank, which owns a majority stake in Sprint, said October-December profit increased to 295.7 billion yen from 172.8...

Source: http://www.cnbc.com/2017/02/08/reuters-america-update-1-softbank-profit-jumps-as-sprint-trims-loss-readying-launch-of-100-bln-fund.html
 
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