Jim Coyer’s Weblog

Sale by Softbank Will End Its Control of Yahoo Japan

Softbank’s BB business is influencing its investments business. In order to compete with NTT and meet corporate bond commitments, Softbank is selling 8.5% of Yahoo Japan to raise 80 billion yen.

Interestingly, Softbank has 2 million ADSL subscribers.

This entry was posted on Tuesday, March 4th, 2003 at 9:18 am and is filed under . You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.