07
Feb
08

Softbank profit surges fourfold (AP)

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By admin
Categories: Technology

Pedestrians walk past Japanese telecommunications and Internet services company Softbank's billboards featuring Hollywood star Cameron Diaz in downtown Tokyo Monday, Feb. 4, 2008. Profit at Softbank for the first nine months of the fiscal year surged to more than fourfold its level a year ago as Japan's No. 3 mobile company drew customers from rivals with aggressive price-slashing, the company said Thursday, Feb. 6, 2008. Nine-month sales rose 13 percent to 2.059 trillion yen (US$19.33 billion; euro13.22 billion) from 1.882 trillion yen. (AP Photo/Shizuo Kambayashi)AP - The president of a Japanese mobile carrier that owns a stake in Yahoo said Thursday he is in talks with Yahoo chief Jerry Yang about how to respond to Microsoft’s takeover bid.

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