From PC World: Japanese mobile carrier Softbank posted solid earnings for the year to March 31 on Wednesday, with net profit up 34 percent.
The country’s third-largest mobile phone carrier booked net profit of ¥586.15 billion (US$5.8 billion), up from ¥438 billion a year earlier.
Income at its Mobile Communications Segment, which includes its mobile business in Japan, was up nearly 18 percent.
The company attributed the results to increases in subscribers and handsets sold at SoftBank Mobile, as well as consolidating GungHo Online Entertainment, a mobile game producer in Japan, Supercell, a game maker based in Finland, and U.S. cellphone distributor Brightstar.
The acquisitions have further swollen Softbank’s roster of group companies, which number more than 1,300, according to the company.
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