Softbank's Challenge

Mr. Son Masayoshi, the CEO of Softbank declared the intention to buy up Sprint, a mobile phone company in the US.

His challenge to purchase the third largest company of mobile phone in the US may be considered to a dangerous gamble by marketers.

http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/telecoms/9610684/Japanese-billionaire-Masayoshi-Son-makes-20bn-bet-on-US-smartphone-boom.html

(Today's article on The Telegraph, English)

Mr. Son Masayoshi is naturalized Japanese. He spent his childhood in poverty, but had excellent talent and made a great effort. Now he is a billionaire and is also called as “Bill Gates in Japan.” He donated 10 billion yen ($125M) from his own estate in the stricken area by 3.11 earthquake and Tsunami disaster in 2011. Some Japanese dislike him, but I think he is a magnificent man.

I have no idea whether his challenge will succeed or not. Mr. Tetsuya Isozaki, a Japanese analyst told in his e-mail media that Softbank had some advantage. First, financial status of Sprint is getting better. Second, the contract promised that Sprint would pay a large amount of penalty fee for Softbank when the purchase was failed for the reason of the fault by Sprint.

http://www.tez.com/blog/

(Isologue, Mr. Tetsuya Isozaki's site, Japanese)

Softbank has announced the acquisition of E-Access, a Japanese company of mobile phone and data communication just recently. And I had cancelled my account of E-access before a few days. I have no eyes of foreseeing at all.