Softbank

SoftBank is a Japanese telecommunications and Internet company with operations spanning broadband, fixed-line telecommunications, e-commerce, the Internet, finance, media and marketing, and other businesses. In October 2012, Softbank said it would pay US$20.1 billion to buy 70 per cent of US telecom Sprint Nextel in the biggest ever offshore acquisition by a Japanese company.

 

SoftBank plans to aggressively roll out Massive Mimo, one of the key technologies behind 5G. Photo: Reuters

SoftBank taps ZTE, Huawei for 5G project expansion

SoftBank Corp, the domestic telecommunications subsidiary of Japanese conglomerate SoftBank Group Corp, plans to raise its orders of advanced, 5G-ready mobile equipment from Chinese suppliers ZTE and Huawei Technologies under an aggressive nationwide infrastructure roll-out next year.

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