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Tuesday, November 6, 2018

SoftBank mobile IPO confronts Alibaba history

Masayoshi Son's $85 bln group quintupled profit in its latest half-year results, and the telecom unit did well ahead of a planned market debut. Listing it could help narrow a huge 60 pct discount to where analysts value SoftBank. The Alibaba flotation hasn't helped much, though.

from industry - Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/2D7dK7u

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