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SoftBank’s Son: ‘Cambrian explosion’ in IoT is coming

SANTA CLARA, California – SoftBank CEO Masayoshi Son likened the impending boom in "internet of things" devices to the evolutionary period known as the Cambrian explosion: a turning point for life on earth. "The next big paradigm shift is coming from mobile into the IoT....

SoftBank Group creates fund to invest in global tech initiatives

Japan-based telecom giant SoftBank, which is also parent company of Sprint, signed an MoU with Saudi Arabia’s Public Investment Fund SoftBank Group created its Vision Fund, with the main focus of making global investments in the technology sector. The Japanese group said the fund will...

Verizon customers call on FCC, White House funds smart cities … 5 things to know today

5 things to know today 1. Verizon Wireless is investigating customer complaints of surging data-use charges. According to the Cleveland Plain Dealer, the Federal Communications Commission saw a 10-fold increase last month in customer complaints about Verizon Wireless cellphone bills. The FCC is referring many of...

Sprint spectrum tapped as collateral in $3.5B funding plan

Sprint spectrum plan could push total raised to $7 billion backed by 1.9 GHz and 2.5 GHz spectrum holdings valued at $16.4 billion Sprint continued its unique funding measures, announcing plans to raise $3.5 billion in debt backed by 14% of its total spectrum holdings...

SoftBank plans to invest $4.5B in Korean IT sector

SoftBank plans to invest in the IoT and AI Japanese telecommunications giant SoftBank aims to invest 5 trillion won ($4.5 billion) in South Korea’s information technology sector, including areas such as "internet of things" and artificial intelligence, as well as mobile and smart robotics, over the next decade,...

Strong pull from operators on 5G, says Ericsson

Industrial IoT 5G Insights discussed 5G with Håkan Andersson, head of 5G Product Strategy, Radio Business Unit, at Ericsson. Bearing the promises of higher speeds and ultra-low latency, 5G is being promoted as a technological shift allowing new types of use cases. However, it has yet...

Softbank to deploy IoT networks using LoRa, Cat M1 and NB-IoT

Japanese operator Softbank will deploy IoT networks using multiple LPWAN technologies, starting with LoRaWAN. Low power wide area network (LPWAN) technology LoRaWAN for IoT networks continues to gain ground as yet another carrier, Japanese Softbank, announced plans to deploy the technology. LoRaWAN supporters already include...

SoftBank launches 5G Project in Japan

SoftBank will initially offer Massive MIMO technology in 43 cities across Japan Japanese telecommunications operator SoftBank officially launched its “5G Project”, local press reported, and will initially launch commercial Massive MIMO technology to enhance network capacity. SoftBank said that it will launch commercial services through 100 base...

Intel acquires Movidius to accelerate machine vision strategy

Intel announced its intention to acquire machine vision specialist Movidius, to further strengthen its position within computer vision, deep learning. In a move to strengthen its position in the growing computer vision market, Intel announced its intention to acquire machine vision specialist Movidius. Machine vision uses cameras...

Bloomberg says SoftBank CEO still interested in Sprint, T-Mo combo

According to a report this week by Bloomberg, Masayoshi Son, the CEO of SoftBank, remains interested in a potential combination of U.S. carriers Sprint and T-Mobile US despite past regulatory roadblocks. SoftBank is the majority shareholder in Sprint. T-Mobile US is a subsidiary of Germany-based Deutsche Telekom. Citing...

Sprint hires former Vodafone exec to head enterprise biz

Jan Geldmacher previously served as head of Vodafone’s global enterprise business and is set to take over Sprint enterprise later this month Sprint added a former Vodafone executive to its ranks, naming Jan Geldmacher president of enterprise for the carrier effective Aug. 22. In his role,...

SK Telecom ends June with 20M LTE subscribers in Korea

SK Telecom reports $3.8B in revenue for Q2 Korean operator SK Telecom said it ended the second quarter of 2016 with 20 million subscribers in the 4G LTE segment, surging 11.7% compared to the same quarter the previous year. SK Telecom also said that 21.3 million...

SoftBank, Aeris create JV to target IoT market

The deal will allow Aeris to expand IoT business to India and Europe Japanese telecom operator SoftBank and U.S-based internet of things (IoT) firm Aeris have agreed to form a joint venture in Japan to provide IoT and telematics services globally using the Aeris IoT...

Son rise for the internet of things

SoftBank’s acquisition of ARM to help accelerate much-needed internet of things standardization The "internet of things" looks to have received a massive vote of confidence as one of the boldest technology investors of the past two decades, Masayoshi Son, agreed to buy ARM Holdings, a...

Son rise for the internet of things

SoftBank’s acquisition of ARM to help accelerate much-needed internet of things standardization The "internet of things" looks to have received a massive vote of confidence as one of the boldest technology investors of the past two decades, Masayoshi Son, agreed to buy ARM Holdings, a...

SoftBank set to buy ARM, Yahoo bids due … 5 things to know today

1. Sprint parent SoftBank is set to buy the intellectual property behind the processors inside most of the world's smartphones. The Japanese company is paying roughly $32 billion for ARM Holdings, the British company that designs the cores inside most of the processors built...

SoftBank set to buy ARM, Yahoo bids due … 5 things to know today

1. Sprint parent SoftBank is set to buy the intellectual property behind the processors inside most of the world's smartphones. The Japanese company is paying roughly $32 billion for ARM Holdings, the British company that designs the cores inside most of the processors built...

KT confirms 5G services for Pyeongchang Winter Olympics

5G trials conducted ahead of 2018 Winter Olympics in South Korea SHANGHAI – Korean telecommunications company KT confirmed "5G" technology will be available during the Pyeongchang Winter Olympics, which are set to take place in February 2018. Speaking at this week's Mobile World Congress Shanghai 2016...

ZTE works with more than 10 operators on pre-5G tech

Asian telcos expressed interest in trialling ZTE multi-user shared access technology SHANGHAI – Chinese vendor ZTE announced its cooperation with more than 10 operators on pre-"5G" technologies in a move to speed up the evolution of "4G" networks. The vendor's pre-5G initiatives include massive multiple-input/multiple-output antenna technology,...

Former SoftBank No. 2 talks sudden resignation

SoftBank investment into Sprint 'not producing cash flow at the moment' Last week Nikesh Arora, a former Google honcho and up until last week the president and COO of SoftBank, made waves  when he suddenly resigned his post. Arora is set to leave those positions on July...

Sprint stock continues to gain momentum on SoftBank comments

Sprint stock tacked on another 5% in value Wednesday, which followed a nearly 8% gain the previous day on comments from parent company SoftBank Sprint’s stock continued to surge Wednesday, one day after comments from chairman Masayoshi Son boosted the carrier’s stock nearly 8%. Investor enthusiasm...

Sprint stock surges on SoftBank recommitment, management upheaval

Sprint stock hit levels not seen since last November following comments of continued support from SoftBank chairman Sprint stock surged more than 10% Tuesday, on the heels of a pending management shakeup at parent company SoftBank. Investors traded more than three times the average daily volume...

Sprint loses board member as Arora plans SoftBank exit

Nikesh Arora set to leave position as president and COO at SoftBank, board role at Sprint on July 1 In a move linked to investor unrest, SoftBank Group President and COO Nikesh Arora is set to leave those positions July 1, taking up an advisory...

Sprint small cell plan finds (some) support in financial community

FBR Capital Markets reiterated its ‘outperform’ rating, noting the Sprint small cell plan is better than most think Sprint’s small cell plans have garnered considerable attention from industry analysts who have questioned the carrier’s move to rely more heavily on network densification efforts based on...