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    9434   JP3732000009

SOFTBANK CORP.

(9434)
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Softbank : Discontinuation of 3G Services

12/09/2019 | 08:14am EDT

SoftBank Corp. today announced that it will discontinue 3G services in late January 2024 to provide stable, high-quality and comfortable telecommunication services by utilizing spectrum efficiently.

SoftBank Corp. first began offering 3G services in December 2002. Since then, SoftBank Corp. has spread LTE services that offer faster speeds and better communication quality. Accordingly, SoftBank will discontinue 3G services and proceed with plans to use spectrum efficiently.

SoftBank Corp. will aim to further increase customer satisfaction by providing stable telecommunication services that offer fast speeds and large data volumes.

Please refer to the links below (in Japanese) to see how price plans and devices will be affected by the discontinuation of 3G services.

(C) 2019 Electronic News Publishing, source ENP Newswire

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Analyst Recommendations on SOFTBANK CORP.
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Financials
Sales 2022 5 599 B 50 988 M 50 988 M
Net income 2022 520 B 4 739 M 4 739 M
Net Debt 2022 4 124 B 37 550 M 37 550 M
P/E ratio 2022 14,6x
Yield 2022 5,39%
Capitalization 7 491 B 68 302 M 68 213 M
EV / Sales 2022 2,07x
EV / Sales 2023 1,99x
Nbr of Employees 37 821
Free-Float 58,1%
Chart SOFTBANK CORP.
Duration : Period :
SoftBank Corp. Technical Analysis Chart | 9434 | JP3732000009 | MarketScreener
Technical analysis trends SOFTBANK CORP.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 1 595,50 JPY
Average target price 1 656,79 JPY
Spread / Average Target 3,84%
EPS Revisions
Managers and Directors
Junichi Miyakawa President, CEO & Representative Director
Kazuhiko Fujihara Chief Financial Officer & Director
Ken Miyauchi Chairman
Takashi Tsutsui Chief Scientist & Managing Executive Officer
Keiichi Makizono Chief Information Officer
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