Softbank Sells EAccess Stake to Samsung, Nokia Siemens Units

Softbank Sells EAccess Stake to Samsung, Nokia Siemens Units

Tomohiro Ohsumi/Bloomberg

Customers wait in line at the Softbank Corp. store in the Ginza district of Tokyo. Softbank, which agreed to buy eAccess for about triple the smaller company’s market value, made the acquisition in part to meet demand for bandwidth from users of Apple Inc.’s iPhone 5.