September 24, 2017 7:01 AM ET

Wireless Telecommunication Services

Company Overview of SoftBank Corp.

Company Overview

SoftBank Corp. provides mobile communications services in Japan. The company offers its mobile data communication services through 3G and 4G networks. It also provides content for mobile Internet and sells mobile phone handsets. It has strategic alliances with Qustodio Technologies S.L., Alibaba Group Holding Limited, and Sumitomo Life Insurance Company. The company was formerly known as SoftBank Mobile Corp. and changed its name to SoftBank Corp. in May 2015. The company was founded in 1994 and is based in Tokyo, Japan. SoftBank Corp. operates as a subsidiary of SoftBank Group Corp.

1-9-1 Higashi-shimbashi

Minato-ku

Tokyo,  105-7317

Japan

Founded in 1994

6,714 Employees

Phone:

81 3 6889 6413

Fax:

81 3 6889 6622

Key Executives for SoftBank Corp.

Chief Executive Officer, President and Director
Age: 68
Chief Financial Officer, Executive Vice President and Director
Age: 58
Executive Vice President and Director
Age: 52
Senior Vice President
Age: 55
Executive Vice President and Director
Compensation as of Fiscal Year 2017.

SoftBank Corp. Key Developments

ZTE Corporation Signs Agreement with Softbank Corp for 5G Trial over sub6GHz Spectrum At 4.5Ghz Across Metropolitan Areas in Tokyo

ZTE Corporation announced it has signed an agreement with SoftBank Corp. for a 5G trial over sub6GHz spectrum at 4.5GHz across metropolitan areas in Tokyo. For this trial, ZTE will provide 5G end-to-end network solutions and will work together with SoftBank to verify the performance of 5G technologies under real world conditions. SoftBank has already started joint research and development (R&D) with ZTE on key 5G technology, massive multiple-input multiple-output (MIMO), which has been commercially deployed in its live 4G network since the second half of 2016. Based on their experience from the commercial network, SoftBank and ZTE are planning to further explore leveraging this technology in the 5G era.

India's Bigbasket Reportedly In Talks For Possible Merger With Grofers India

India's online grocery delivery service Supermarket Grocery Supplies Pvt Ltd and smaller rival Grofers India Private Limited have reportedly begun talks on a possible merger. If the merger goes through, SoftBank Corp. which is an existing investor in Grofers', will participate in a $60 million to $100 million funding round in the merged company. The talks, which are in early stages, may reportedly value BigBasket at about $700 million to $800 million, while Grofers could reportedly be valued at $150 to $200 million.

SoftBank Announces eSIM Platform to Promote IoT Solutions

SoftBank Corp. has announced that it is developing an Embedded Subscriber Identity Module, or eSIM, Platform as part of its efforts to promote internet of things, or IoT, solutions. The platform, which is scheduled to start operating in 2017, enables remote eSIM provisioning by connecting to carrier communication networks with the required profiles. When selling vehicles and other items embedded with Machine to Machine equipment to markets abroad, until now it was necessary to prepare dedicated SIM cards with the necessary profiles to connect to the respective communication networks of overseas carriers. With eSIMs integrated into IoT products and M2M equipment, and by using the eSIM Platform, corporate customers will be able to remotely provision eSIMs with the profiles required for connecting to various carrier networks. For tablets, wearables and other consumer devices equipped with eSIMs, the eSIM Platform will also enable the remote provisioning of pre-registered contract information and other types of information, in addition to the necessary profiles for network connection.

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