SOFTBANK will execute a consignment of business contract with WILLCOM and cooperate in the cost reduction of WILLCOM's PHS business through more effective operations of network, customer support and other activities.
Since its founding, SoftBank's journey has been in the Internet world. Our entry into the mobile phone business itself was prompted by predicting that the main stage for the Internet would shift from PCs to mobile devices.
With the establishment of this Joint Venture, SoftBank adds distributed baseload power from Bloom Energy and further encourages the domestic use of clean energy complementing its existing portfolio of renewable energy sources such as solar and wind.
SoftBank has constructed an IoT platform that collects data from a wide variety of sensor devices and can be used in numerous ways to unlock the value of that data. With this platform, SoftBank is able to provide one-stop access to the essential elements for building an IoT environment: devices& network connectivity, data storage, applications and more.
In 2018, SoftBank plans to expand APTWARE to North America, Australia, Singapore, Malaysia, and Korea, while Qnary U.S. is planning to expand its service starting in North America, and proceeding to Europe, and South America.
To accelerate the build-out of 5G networks in rural areas, KDDI and SoftBank will explore options with a view to establishing a joint construction management company that would facilitate construction designs and manage construction work to efficiently utilize the base station assets of both companies.
TOMODACHI and SoftBank will provide opportunities for participants to apply their skills and knowledge that they gleaned in the United States to help the reconstruction of disaster affected areas, while supporting the participants' efforts in making a positive contributions to their communities.
SOFTBANK completed its initial investment of USD 20 million(approximately JPY 1.8 billion, investment ratio of 13.55%) in Ustream on January 29, 2010, after then, several discussions were taken place for establishment of a joint venture company.
SOFTBANK shall cooperate in cost reduction efforts of the PHS business of WILLCOM. SOFTBANK will execute a consignment of business contract with WILLCOM and cooperate in the cost reduction of WILLCOM's PHS business through more effective operations of network, customer support and other activities.
SOFTBANK will further strive to maintain high quality and high competitiveness, maximize the value of the Group as a whole and utilize the synergy effect of the Group for sustainable growth and enhanced competitiveness of the Internet business and the data center business!
In addition, SoftBank Corp. of Japan has stated that it has acquired the right to lease vacant land(approximately 22 million km2, which is comparable to Tokyo in its entirety) located in the desert in the southern part of Mongolia where it plans to put up a 300MW size wind farm.
If the number of shares that shall be delivered to a shareholder(other than SOFTBANK) includes any fraction less than one(1) share, SOFTBANK shall pay money in the amount equivalent to such fraction of share, with any fraction less than one(1) yen being rounded up to the nearest yen, to such shareholder pursuant to Article 234 of the Companies Law.
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