In Brief: Vodafone completes Japan unit sale

April 27, 2006
A Vodafone advertisement in Tokyo

Vodafone completed Thursday its sale of Vodafone Japan.

The British mobile giant sold its 97.68-percent interest in Vodafone Japan to a wholly owned subsidiary of Japanese software group SoftBank.

"I am pleased to announce the completion of the sale of Vodafone Japan to SoftBank. This transaction enhances Vodafone's adjusted earnings per share. ... We maintain a strong relationship with SoftBank and we look forward to continuing to benefit from insights in the important Japanese mobile market," Vodafone Chief Executive Arun Sarin said in a news release.

The initial announcement of the sale was made March 17.

Copyright 2006 by United Press International

Explore further: Vodafone stays in Japan with Softbank

Related Stories

Vodafone stays in Japan with Softbank

May 18, 2006

Having washed its hands of one of the world's most competitive telecommunications markets, Britain's Vodafone is prepared to take the plunge into Japan once again, but this time with a partner.

Vodafone's restructuring brings good cheer

April 6, 2006

Vodafone has had more than its share of drama in recent weeks as senior executives rushed to air their grievances publicly about the state of affairs at the mobile group. So investors were particularly pleased Thursday following ...

BT steps up Japan hopes with KDDI deal

June 26, 2006

It may be one of the most cut-throat markets in the world for telecommunications providers, but BT is banking on its latest venture with a Japanese carrier to bolster not only its presence in the country, but also globally.

'Nightmare' start for iPhone 4's latest launch

July 30, 2010

Hundreds of New Zealand customers were turned away empty-handed Friday as the second phase of the Apple iPhone 4's global launch in Asian and European nations got off to a "nightmare" start.

Recommended for you

Roboticists learn to teach robots from babies

December 1, 2015

Babies learn about the world by exploring how their bodies move in space, grabbing toys, pushing things off tables and by watching and imitating what adults are doing.

Xbox gaming technology may improve X-ray precision

December 1, 2015

With the aim of producing high-quality X-rays with minimal radiation exposure, particularly in children, researchers have developed a new approach to imaging patients. Surprisingly, the new technology isn't a high-tech, high-dollar ...

Making 3-D imaging 1,000 times better

December 1, 2015

MIT researchers have shown that by exploiting the polarization of light—the physical phenomenon behind polarized sunglasses and most 3-D movie systems—they can increase the resolution of conventional 3-D imaging devices ...


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.