SoftBank shrinks U.S. office, marking end of failed T-Mobile bid

Subsidiary Sprint dropped bid to acquire No. 4 U.S. carrier in August

Reuters

TOKYO (Reuters) - Japan's SoftBank Corp will soon downsize its Silicon Valley offices, people with knowledge of the matter said, signaling the company won't revive efforts to buy T-Mobile U.S. Inc.

SoftBank subsidiary Sprint Corp dropped its bid to acquire the No. 4 U.S. carrier in August but the companies did not rule out future consolidation.

Japan's wireless carriers told to unlock phones starting next year

Govt demands that all smartphones and tablets to be sold with SIM unlocked upon customers' request starting in May

Reuters

TOKYO (Reuters) - Japan's wireless network providers are to lift restrictions on which network their subscribers can use, the government said, demanding that all smartphones and tablets to be sold with their SIM cards unlocked upon customers' request starting next year.

The Ministry of Internal Affairs and Communications said on Friday that all smartphones and tablets are to be sold with their SIM cards unlocked if customers ask for it and at no cost to users, from May 2015.

SoftBank's first Sony smartphone deal takes aim at U.S. market

Release of Xperia Z3 expected at IFA tech expo in Berlin

Reuters

TOKYO (Reuters) - Japan's SoftBank Corp and its U.S. mobile carrier Sprint Corp will offer a Sony smartphone for the first time, sources with knowledge of the matter said, as the two technology titans confront daunting challenges in the U.S. market.

The deal could give a much-needed boost to Sony's struggling mobile division, which last month said it no longer expected to make a profit in the year to next March. It will also bolster Sprint's handset line-up as it seeks to stem a flight in subscribers.

Google, Asian telecoms to build $300 million undersea cable to Japan

'FASTER' network will have initial capacity of 60 terabits per second

Reuters

(Reuters) - Search engine Google Inc and five Asian telecom and communications companies have agreed to invest about $300 million to develop and operate a trans-Pacific cable network connecting the United States to Japan.

To be named "FASTER," the cable network will have an initial capacity of 60 terabits per second and will connect Los Angeles, Portland, San Francisco, Oregon and Seattle to Chikura and Shima in Japan.

Sprint drops bid to buy T-Mobile, changes CEO

Could give added impetus to a rival bid for T-Mobile by French telecoms firm Iliad

Reuters

(Reuters) - Sprint Corp S.N has dropped its bid to acquire No. 4 U.S. carrier T-Mobile U.S. Inc TMUS.N after regulatory resistance showed no signs of softening despite months of lobbying, people familiar with the matter told Reuters.

Sprint's shares plunged 19 percent to $5.90, while T-Mobile fell 10 percent to $30.38 on Wednesday.

The move is a rare setback for Sprint's Japanese parent, SoftBank Corp 9984.T, whose billionaire founder Masayoshi Son had seen the acquisition as key to taking on U.S. market leaders AT&T Inc T.N and Verizon Communications Inc VZ.N.

Japan's KDDI, SoftBank say NTT's broadband plan risks monopoly revival

Reuters

TOKYO (Reuters) - Japan's KDDI Corp and SoftBank Corp said bigger rival NTT DoCoMo Inc (DoCoMo) could gain too much control of the wireless telecommunications business should DoCoMo's parent offer its fibre-optic broadband for resale.

Former state monopoly Nippon Telegraph and Telephone Corp (NTT) in May said it planned to sell its fibre-optic broadband to mobile phone network providers, which can then re-brand the service and sell it together with mobile phone contracts.

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