Softbank to boost capex by 54 pct in 2010/11

by Sourav Sharma on March 31, 2010

Softbank to boost capex by 54 pct in 2010/11
TOKYO, March 30 (Reuters) – Softbank Corp <9984.T>, Japan’s No.3 mobile phone operator, said it plans to boost its capital spending by 54 percent to 400 billion yen ($4.3 billion) next business year, a potential boon to telecoms infrastructure providers such as Nokia and Ericsson .

Read more on Reuters via Yahoo! Philippines News

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