SoftBank Merger with Sprint Initiates Analyst Coverage by BrokerBank Securities, Inc.
NEW YORK, Feb. 20, 2014 /PRNewswire/ -- SoftBank Corp (OTC: SFTBY) primarily operates in the information industry in Japan. The Company operates through four segments: Mobile Communications, Broadband Infrastructure, Fixed-line Telecommunications, and Internet Culture. The Mobile Communications segment provides mobile communications services, as well as offers content; and sells mobile phone handsets, such as iPhones, iPads, and SoftBank smartphones. The Broadband Infrastructure segment engages in the provision of high-speed Internet connection, wireless LAN, ADSL, broadband TV broadcasting, security, and IP telephony services, as well as content. The Fixed-line Telecommunications segment offers fixed-line telephone, data transmission, and dedicated line services. Softbank owns 37% of the shares in Alibaba, 42% stake in Yahoo Japan, 80% equity in Sprint and a 34% stake in Renren.
The global telecommunications industry has experienced strong growth in the past five years and is expected to grow strongly in the Asia-pacific region in particular over the next five years. SoftBank is well positioned to benefit from this expected growth. Global telecommunication services industry grew by 2.4% in 2012 to reach revenues of $1,570.3 billion.
SoftBank, Inc. may be the next company to capture an increasing share of this expanding market. The recent merger in July, 2013 is expected to have an influence on the estimated price. As the expectations of the Sprint merger in terms of cost savings and revenue growth are known estimates will begin to change.
A free and comprehensive analyst research report on SFTBY which includes SFTBY highlights, Key features of the Global Telecommunication Services Industry, description of the company's four main business segments, financial position, value of the company, Analyst Summary and Price Target can be found here: http://bit.ly/SFTBYAnalystReport copy and paste to browser may be required
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