Softbank Profits Doubled In Third Quarter

Softbank Corp, the Tokyo-based company that is buying 70 percent of Overland Park-based Sprint Nextel Corp. lured new customers with Apple Inc. smartphones and tablet computers.

Its stronger report comes a week ahead of Sprint’s year-end financial report. Softbank predicts an aggressive profitability “turnaround” for Sprint.

Read more in Bloomberg and the Kansas City Business Journal

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